The general business credit is subject to recapture only if disposition of the property results in an ordinary income.
Correct Answer:
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Q2: An excess FICA credit may be claimed
Q2: The earned-income credit is refundable.
Q4: Transportation costs for a child between the
Q5: A payment to a nursing home for
Q6: A single taxpayer is required to provide
Q7: The work opportunity credit is allowed for
Q8: Foreign income taxes paid to a foreign
Q9: The credit for outside dependent care applies
Q10: Payments made to dependent household members may
Q11: Taxpayers may elect to carry forward unused
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