Chris, age 22, and Marcie, age 24, are married and will file a joint return. ...
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• Chris, age 22, and Marcie, age 24, are married and will file a joint return. • They cannot be claimed as dependents by another taxpayer. • Chris and Marcie have no children or other dependents. • Both work and neither are full-time students. Chris earned wages of $18,600 and Marcie earned wages of $6,500. • Chris and Marcie are U.S. citizens and have valid Social Security numbers. • Chris and Marcie received an Economic Impact Payment (EIP3) of $2,800 in March 2021. 4. What is the amount of the EIP3 that Chris and Marcie must include in their taxable income for 2021? $ [1] | • Chris, age 22, and Marcie, age 24, are married and will file a joint return. • They cannot be claimed as dependents by another taxpayer. • Chris and Marcie have no children or other dependents. • Both work and neither are full-time students. Chris earned wages of $18,600 and Marcie earned wages of $6,500. • Chris and Marcie are U.S. citizens and have valid Social Security numbers. • Chris and Marcie received an Economic Impact Payment (EIP3) of $2,800 in March 2021. 4. What is the amount of the EIP3 that Chris and Marcie must include in their taxable income for 2021? $ [1] |
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Related Book For
South-Western Federal Taxation 2020 Comprehensive
ISBN: 9780357109144
43rd edition
Authors: David M. Maloney, William A. Raabe, James C. Young, Annette Nellen, William H. Hoffman
Posted Date:
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