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28. Mary is not eligible for the Earned Income Tax Credit because her filing status is Married Filing Separately. a. True b. False Mary is
28. Mary is not eligible for the Earned Income Tax Credit because her filing status is Married Filing Separately.
a. True
b. False
Mary is 30 years old and married to Mark, age 36. Mark passed away on January 30, 2021. Mark was unemployed and had no income in 2021 due to his illness. Mary's seven-year-old daughter, Jenny, lived with her the entire year. Mary paid more than half the cost of keeping up a home and support for Mark and Jenny. Mary received a distribution from her traditional IRA in January to pay for living expenses. Mary was a full-time high school teacher and earned $35,000 in wages. Mary purchased supplies for her class out of her own pocket totaling $320. Mary received a W-2G in the amount of $8,200 from the local casino. Mary paid child and dependent care expenses for Jenny while she worked. Mary elected not to receive advance child tax credit payments. Mary and Mark received a $4,200 Economic Impact Payment (EIP3) in 2021. Mary, Mark, and Jenny were not medically or financially affected by the COVID-19 pandemic. Mary, Mark, and Jenny are U.S. citizens and have valid Social Security numbers. They all lived in the United States for the entire year. If Mary is entitled to a refund, she would like to deposit half into her checking account and half into her savings account. Documents from Adelphi Bank and Trust show that the routing number for both accounts is 111000025. Her checking account number is 113355779 and her savings account number is 224466880Step by Step Solution
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