In 2020, Zach is single with no dependents. He is not claimed as a dependent on anothers return. All of his income is from salary and he does not have any for AGI deductions. What is his earned income credit in the following alternative scenarios?

EXHIBIT 8-10 2020 Earned Income Credit Table

Qualifying Children	(1) Maximum Earned Income Eligible for Credit	(2) Credit %	(3) Maximum Credit (1) (2)	(4) Credit Phase-Out for AGI (or earned income if greater) Over This Amount	(5) Phase-Out Percentage	No Credit When AGI (or earned income if greater) Equals or Exceeds This Amount (4) + [(3)/(5)]
Married taxpayers filing joint returns
0	$ 7,030	7.65%	$ 538	$14,680	7.65%	$21,710
1	10,540	34	3,584	25,220	15.98	47,646
2	14,800	40	5,920	25,220	21.06	53,330
3+	14,800	45	6,660	25,220	21.06	56,844
All taxpayers except married taxpayers filing joint returns
0	$ 7,030	7.65%	$ 538	$ 8,790	7.65%	$15,820
1	10,540	34	3,584	19,330	15.98	41,756
2	14,800	40	5,920	19,330	21.06	47,440
3+	14,800	45	6,660	19,330	21.06	50,954

Zach is 29 years old and his AGI is $5,600.

Zach is 24 years old and his AGI is $5,600.