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Financial Math
Simple Income Tax — Quiz
Question 10
10
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Simple Income Tax — Quiz
Question 10 • Financial Math
Tomas' tax return shows he is eligible for a Child Tax Credit of $2,000 and an Earned Income Tax Credit (EITC) of $1,500 If his total tax liability before credits is $4,000 , what is his tax liability after applying these credits?
Answer
A
7 dollars comma 500
B
500 dollars
C
3 dollars comma 500
D
1 dollars comma 500
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