question archive Which of the following is not true of the lfetime learning credit? A) It is a nonrefundable credit

Which of the following is not true of the lfetime learning credit? A) It is a nonrefundable credit

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Which of the following is not true of the lfetime learning credit?

A) It is a nonrefundable credit.

B) The credit can be claimed by taxpayers who have graduated from college and are taking professional training courses to improve their job skills.

C) A taxpayer with multiple dependents can claim a credit for each dependent's qualifying expenses.

D) The credit is subject to phase out based on the taxpayer's AGI 

Option 1

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