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A married couple files jointly and has three dependent children under age 17. During 2021, the couple had earned income of $70,000, investment income of
A married couple files jointly and has three dependent children under age 17. During 2021, the couple had earned income of $70,000, investment income of $200, and their AGI was $65,000. Why d they not qualify for the EIC?
a) they are also claiming the child tax credit
b) they have too many children
c) They had investment income
d) their earned income and AGI are too high
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Financial Accounting Theory
Authors: Craig Deegan, H. Bierman
4th Edition
0071013148, 978-0071013147
