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lesson pretestMultiple Choice

Pretest

Question 1 • Mathematics for Data and Financial Literacy

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
1 dollars comma 500
C
3 dollars comma 500
D
500 dollars
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