I:14-59 Refundable Credits. Latisha is an unmarried taxpayer, filing head of household. She has two dependent children
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I:14-59 Refundable Credits. 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 2022 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
Pearsons Federal Taxation Corporations Partnerships Estates And Trust 2023
ISBN: 9780137730391
36th Edition
Authors: KENNETH E. ANDERSON, DAVID S. HULSE, TIMOTHY J. RUPERT Richard J. Joseph LeAnn Luna
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