Which of the following statements is not true regarding the $500 credit for depe

Question

Which of the following statements is not true regarding the $500 credit for dependent other than a qualifying child credit. Cannot be claimed on the same tax return if the child tax credit is also been claimed. Has no age limit. Is available to dependence with an ITIn Is nonrefundable Which of the following statements is not true regarding the $500 credit for dependent other than a qualifying child credit. Cannot be claimed on the same tax return if the child tax credit is also been claimed. Has no age limit. Is available to dependence with an ITIn Is nonrefundable Cannot be claimed on the same tax return if the child tax credit is also been claimed. Has no age limit. Is available to dependence with an ITIn Is nonrefundable Has no age limit. Is available to dependence with an ITIn Is nonrefundable Is nonrefundable

Explanation / Answer

500$ credit for dependant is REFUNDABLE. Hence the fourth statement is not true.

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