EXHIBIT 8-1O 2018 Earned Income Credit Table Credit Phase- Out for AGI (or earned income if greater) Over This No Credit When AGI (or earned income if greater) Equals or Exceeds This Amount Maximum Earned Qualifying Income Eligible Children Maximum Credit (1) x(2) Phase-Out for Credit Credit 96 Amount Percentage (4)[(3)/(5)] $6,780 10,180 14,290 14,290 Married taxpayers filing joint returns $14,170 24,350 24,350 24,350 7.65% | $ 519 3,461 5,716 6,431 0 34 40 45 15.98 21.06 21.06 $20,950 46,010 51,492 54,884 2 All taxpayers except married taxpayers filing joint returns $ 6,780 10,180 4,290 14,290 7.65% | $ 519 3,461 5,716 6,431 $ 8,490 18,660 18,660 18,660 $15,270 40,320 45,802 49,194 0 34 40 45 15.98 21.06 21.06 2 Required information The following information applies to the questions displayed below.] In 2018, Amanda and Jaxon Stuart have a daughter who is 1 year old. The Stuarts are full-time students and they are both 23 years old. Their only sources of income are gains from stock they held for three years before selling and wages from part-time jobs What is their earned income credit in the following alternative scenarios if they file jointly? Use Exhibit 8-10 a. Their AGI is $15,600, consisting of $5,300 of capital gains and $10.300 of wages