Latisha is an unmarried taxpayer, filing head of household. She has two dependent children (7-year-old twins) who

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Latisha is an unmarried taxpayer, filing head of household. She has two dependent children (7-year-old twins) who lived with her all year. Her 2018 earned income was $18,600, her AGI was $22,700, and she uses the standard deduction.

Determine her:

1. Taxable income and regular tax before credits.

2. Earned income credit (EIC).

3. Balance due or refund.

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Related Book For answer-question

Federal Taxation 2019 Comprehensive

ISBN: 9780134833194

32nd Edition

Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson

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Question Posted: Dec 13, 2019 10:00 AM

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Latisha is an unmarried taxpayer, filing head of household. She has two dependent children (7-year-old twins) who

Question:

Step by Step Answer:

1 Taxable income 22700 18000 4700 Regular tax before credits 470 2 Tentative EIC 40 x 14290 5716 ...View the full answer

Federal Taxation 2019 Comprehensive

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