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Which of the Following Represents the Correct Order in Which

Question 46

Multiple Choice

Which of the following represents the correct order in which credits are applied to gross tax liability (from first to last) ?


A) Nonrefundable personal, business, refundable
B) Business, nonrefundable personal, refundable
C) Refundable, nonrefundable personal, business
D) Refundable, business, nonrefundable personal

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