Minimum-maximum credit-refundable or non-refundable credits

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Reference no: EM131045139

Discuss the underlying rationale for one of the following tax credit items. Explain any restriction on claiming the credits such as AGI limitations, minimum and maximum credit, refundable or non-refundable credits etc. Please do not duplicate your peers.

Foreign tax credit

Research credit

Residential energy credit

Child tax credit

Child and dependent care credit

Earned income credit

Education credit

Adoption credit

Saver’s credit

American opportunity credit

Reference no: EM131045139

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