Exercise 13-16 (Algorithmic) (LO. 4) Samuel and Annamaria are married, file a joint return, and have three qualifying children. In 2018, they earn wages of $50600 and no other income. Round your intermediate computations and final answer to the nearest dollar. Click here to access the Earned Income Credit and Phaseout Percentages Table. The earned income credit is 902 X Feedback Check My Work The earned income credit, which has been a part of the law for many years, consistently has been justified as a means of providing tax equity to the working poor. In addition, the credit has been designed to help offset regressive taxes, such as the gasoline tax, that impose a relatively larger burden on low-income taxpayers