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Determine the amount of Earned Income Credit in each of the following cases. Assume that the person or persons is/are eligible to take the credit.
Determine the amount of Earned Income Credit in each of the following cases. Assume that the person or persons is/are eligible to take the credit. Calculate the credit using the formulas. a) A single person with earned income of $7,554 and no qualifying children. b) A single person with earned income of $27,500 and two qualifying children. c) A married couple filing jointly with earned income of $34,190 and one qualifying child
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