Diane is a single taxpayer who qualifies for the earned income credit. Diane has two qualifying children

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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 2020, Diane’s wages are $18,900 and she receives dividend income of $900. Calculate Diane’s earned income credit using the EIC table in Appendix B.

$____________

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Income Tax Fundamentals 2021

ISBN: 9780357141366

39th Edition

Authors: Gerald E. Whittenburg, Martha Altus-Buller, Steven Gill

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