Which of the Following Is Not True of the Lifetime

Multiple Choice

Which of the following is not true of the lifetime learning credit?

A) It is a nonrefundable credit.
B) The credit can be claimed by taxpayers who have graduated from college and are taking professional training courses to improve their job skills.
C) A taxpayer with multiple dependents can claim a credit for each dependent's qualifying expenses.
D) The credit is subject to phase-out based on the taxpayer's AGI.