Select the correct answer. How can a nonrefundable tax credit reduce the amount of taxes owed? A. It can reduce the amount of ta
x owed to zero, but it can’t result in a refund. B. It can reduce the amount of tax owed to zero, and it can result in a refund. C. It can reduce the adjusted gross income before the tax liability is determined, but it can’t result in a refund. D. It can reduce the adjusted gross income before the tax liability is determined, and it can result in a refund. E. It can reduce the gross income before deductions are applied, but it can’t result in a refund.
A nonrefundable tax credit reduce the amount of taxes owed as it can reduce the amount of tax owed to zero, but it can’t result in a refund.
<u>Option: A</u>
<u>Explanation:</u>
A tax credit which would only reduce the debt of a taxpayer to zero is understood as a non-refundable tax credit. The money left from the loan would be immediately relinquished by the taxpayer and does not produce a tax refund if the future loan raises the taxable income like a refundable loan would. Often, a non-refundable benefit may be called a wastable tax credit, that can be compared with refundable tax credits.
An individual taxpayer with both refundable and non-refundable tax credits, if he estimates his or her non-refundable credits before implementing his eligible refundable credits, will increase his overall credit value. Secondly, non-refundable tax deductions can be used to reduce the taxes owed.
They deserve incarceration as punishment but psychological treatment should not be viewed as a luxury as it is ultimately better for society. The deprivation of their freedoms for extended periods of time is enough. Depending on the severity of the crime, the offender's sentence should match.
Answer: Congress cannot pass ex post facto laws (outlaws acts after they have been committed). Congress cannot pass bills of attainder (punishes individuals outside there court system)
The fact that you're up against someone that can physically harm you and has the intention to do so, in my opinion Taylor is justified in using force with two officers who are also using force, not along with firing weapons which can cause harm to Taylor.
