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Determine the amount of the Earned income Credit in each of the following cases. Assume that the person or persons are eligible to take the
Determine the amount of the Earned income Credit in each of the following cases. Assume that the person or persons are eligible to take the credit Use Table
Required:
Calculate the credit using the formulas.
Note: For all requirements, do not round intermediate calculations. Round your final answers to the nearest whole doliar amount.
tabletableEamed incomeCredita A single person with earned income of $ and no qualifying children,b A single person with eamed income of $ and two qualifying children,c A mamied couple filing jointly with earned income of $ and one qualifying child,
TABLE Earned Income Credit Tax Year
tableNumber of Eligible ChildrenNone,One,Two,Three or MoreEIC percentage,
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