Question: Identify the statement that is TRUE regarding the Earned Income Credit for Tax Year 2022. Childless taxpayers have no maximum age limit (previously it was

Identify the statement that is TRUE regarding the Earned Income Credit for Tax Year 2022. Childless taxpayers have no maximum age limit (previously it was 65). Taxpayers must not have investment income that exceeds $10,300. Taxpayers will be allowed to calculate their Earned Income Credit for 2022 using their 2019 earned income if 2022 earned income is less than it was in 2019. The maximum childless Earned Income Credit is $1,502.

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