Answer the following Essential Question: Amy, age 18 and full time in college is a qualified dependent to her parents. During 2022, she earned $12,000 from her part-time job on campus. She does not want her parents to claim her and decided that she will be filing her own tax return for 2022. Discuss if Amy can claim Earned Income Tax Credit (EIC).

Guiding Hints/Questions:

- Can a qualified dependent claim EIC or any other credit?

- What criteria must met to claim EIC?

- Is there an age requirement to claiming EIC?

CAN YOU EXPLAIN MORE ABOUT THIS WRITING, LIKE IS HOW WE GET 2022 is $15,950? IS THAT RIGHT AMOUNT FOR EIC FOR AMY'S 2022 TAX RETURNS?

Despite being a qualified dependent of her parents, Amy, an 18-year-old full-time college student, is eligible to receive the Earned Income Tax Credit (EIC) on her 2022 tax return. A refundable tax credit known as the EIC may lower tax obligations or raise refunds for taxpayers. A taxpayer must fulfil certain income, dependent, and filing status conditions to be eligible for the EIC.

Required Income:

Taxpayers with earned income below a certain level are eligible for the EIC. The maximum earned income for 2022 is $15,950 for a single taxpayer who does not have any qualifying children. Amy satisfies the income requirements for the EIC since her earned income of $12,000 is less than this amount.

Requirement for Dependency:

A kid or other dependent who is unable to sustain themselves is often considered a qualifying dependent. If a qualifying dependent satisfies the remaining eligibility standards, they may still be eligible to receive the EIC. Amy's eligibility as her parents' qualifying dependent does not preclude her from obtaining the EIC.

Requirement for Filing Status:

A taxpayer must file as a single taxpayer, head of household, or qualified widower to be eligible for the EIC. Amy satisfies the EIC's filing status criteria since she is a single taxpayer.

Required Age:

According to the EIC, there is no minimum age limit. If they fulfil the other qualifying conditions, a taxpayer of any age is eligible to claim the EIC.

Amy can claim the EIC on her tax return for 2022 as a result. To get the credit, she has to submit Form EIC.