Problem 7-6 Earned Income Credit (LO 7.2) Diane is a single taxpayer who qualifies for the earned income credit. Diane h
Posted: Sun Apr 17, 2022 7:06 pm
Problem 7-6
Earned Income Credit (LO 7.2)
Diane is a single taxpayer who qualifies for the earned income
credit. Diane has two qualifying children who are 3 and 5 years
old. During 2021, Diane's wages are $18,900 and she receives
dividend income of $900. Diane’s 2019 earned income was lower than
2021.
Calculate Diane's earned income credit using the EIC table
in Appendix B.
Earned Income Credit (LO 7.2)
Diane is a single taxpayer who qualifies for the earned income
credit. Diane has two qualifying children who are 3 and 5 years
old. During 2021, Diane's wages are $18,900 and she receives
dividend income of $900. Diane’s 2019 earned income was lower than
2021.
Calculate Diane's earned income credit using the EIC table
in Appendix B.