Question
For the 2020 tax year, Sally, who is single, reported the following items of income: Interest income $600 Wages $4,100 Earnings from self-employment $3,000 She
For the 2020 tax year, Sally, who is single, reported the following items of income:
| Interest income | $600 |
| Wages | $4,100 |
| Earnings from self-employment | $3,000 |
She maintains a household for herself and her 1-year-old son who qualifies as her dependent. What is the earned income credit available to her for 2020, using the tables?
| a. | None of these is correct | |
| b. | $1,369 | |
| c. | $529 | |
| d. | $503 | |
| e. | $2,423 |
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Capex A Knowledge Based Expert System For Substantive Audit Planning
Authors: J. Efrim Boritz, Anthony K. P. Wensley
1st Edition
1558760563, 978-1558760561
