Determine the amount of Earned Income Credit in each of the following cases. Assume that the person

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Determine the amount of Earned Income Credit in each of the following cases. Assume that the person or persons is/are eligible to take the credit. Calculate the credit using the formulas.
a) A single person with earned income of $7,554 and no qualifying children.
b) A single person with earned income of $21,500 and two qualifying children.
c) A married couple filing jointly with earned income of $29,190 and one qualifying child.
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Fundamentals Of Taxation 2017

ISBN: 9781259752735

10th Edition

Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone

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