Question

1. which of the following examples are tax credits that people can receive? select all that apply.

□ mortgage interest credit
□ adoption credit
□ earned income tax credit
□ care for the elderly credit

Explanation:

• Mortgage interest credit: A tax credit for mortgage interest in some cases.
• Adoption credit: Allows taxpayers to claim credit for adoption expenses.
• Earned income tax credit: A well - known tax credit for low - to moderate - income earners.
• Care for the elderly credit (like the credit for the elderly or disabled): A tax credit for those caring for or being elderly/disabled.

Answer:

• mortgage interest credit
• adoption credit
• earned income tax credit
• care for the elderly credit