Understanding New Tax Credits
Interactive Video
•
Business
•
9th - 10th Grade
•
Practice Problem
•
Hard
Jennifer Brown
FREE Resource
5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the new deductible amount for startup costs under the Harris economic plan?
$5,000
$100,000
$10,000
$50,000
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much is the child tax credit per child under six according to the Harris plan?
$4,800
$1,200
$2,400
$3,600
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the maximum amount of down payment assistance available for first-time home buyers?
$25,000
$20,000
$15,000
$10,000
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of the premium tax credit discussed in the video?
To reduce property taxes
To make health insurance more affordable
To lower education costs
To increase retirement savings
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it important to understand these new tax credits?
To avoid paying taxes
To make smarter financial decisions
To qualify for more loans
To increase your credit score
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