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1. John and Jane, who filed jointed tax return, qualify for the earned income credit in 2022. They have three children, age 10, 11, and
1. John and Jane, who filed jointed tax return, qualify for the earned income credit in 2022. They have three children, age 10, 11, and 19 all are full time students. Their combined earning income and adjusted gross income for 2022 are $25,500. What is their 2022 earned income credit? (Look for the answer in Apex section of your book), also review qualification for EIC b. Calculate the amount of John and Jane's 2022 earned income credit assuming her earned income for 2022 is $38,000 2. Jose and Jane are taxpayers with children ages 10, 3, and 19 and they all have valid social security numbers. Their AGI is $95,300 and they file jointly. What is their Child and dependent Tax credit, assuming all of their children are 'qualifying children?" (Show your calculation)
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