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Diane is a single taxpayer who qualifies for the earned income credit. Diane has two qualifying children who are 3 and 5 years old. During
Diane is a single taxpayer who qualifies for the earned income credit. Diane has two qualifying children who are 3 and 5 years old. During 2022, Diane's wages are $19,800 and she receives dividend income of $1,200.
Number of Qualifying Children | Other than joint filers | Joint filers | ||
---|---|---|---|---|
Phaseout Begins | Phaseout Ends | Phaseout Begins | Phaseout Ends | |
None | $11,610 | $21,430 | $17,560 | $27,380 |
1 | 19,520 | 42,158 | 25,470 | 48,108 |
2 | 19,520 | 47,915 | 25,470 | 53,865 |
3 or more | 19,520 | 51,464 | 25,470 | 57,414 |
Calculate Diane's earned income credit using the EIC table in Appendix B .
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