Question $4$ of $31$

Basic Scenario $2$: David and Ellen Farmer

Interview Notes

David, age $31,$ and Ellen, age $30,$ are married and will flie a joint return.

They cannot be claimed as dependents by any other taxpayer.

David and Ellen have no children or other dependents.

David and Ellen both work and are not full$-$time students. David earned wages of $$12,000$ and Ellen earned wages of $$4,000.$

David and Ellen are U$.$S$.$ citizens and have valid Social Security numbers.

David and Ellen have investment income of $$300$ in taxable interest.

Basic Scenario $2$: Test Questions

$4.$ David and Ellen's $$300$ of interest counts as earned income for the Earned Income Tax Credit.

a$.$ True

b$.$ Talse

Type here to search

Whathlat alrom