Question
1- What is the maximum investment income a taxpayer is allowed to have and still be allowed to claim the earned income credit? $ ------------------------------------------------------------------------------------------------------------------------------------------
1- What is the maximum investment income a taxpayer is allowed to have and still be allowed to claim the earned income credit? $
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2- Susan is a single taxpayer, 26 years of age, with AGI of $28,000 and no tax exempt income. She did not have minimum essential coverage for 8 months in 2017.
Compute Susan's individual shared responsibility payment for 2017.
For 2017, the flat annual dollar amount is $695 per adult and $347.50 per child, limited to an annual maximum of $2,085 per household.
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