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Earned Income Credit ( EIC ) Jane is not married and has one qualifying child and is eligible for the earned income credit in 2

Earned Income Credit (EIC)
Jane is not married and has one qualifying child and is eligible for the earned income credit in 2023. Jane's AGI
is $24,500 consisting of wages of $22,500 and $2,000 of unearned income. None of the income is disqualified income.
REQUIRED: Compute the following items : Tentative earned income credit; The Phase out Amount; The allowed earned income credit.

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