Jason, a single parent, lives in an apartment with his three minor children, whom he supports. Jason earned $27,400 during 2021 and uses the standard deduction. Click here to access Earned Income Credit and Phaseout Percentages Table. Round all computations to the nearest dollar. Calculate the amount, if any, of Jason's earned income credit. 4,794 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 equity to the working poor. In addition, the credit has been designed to help offset regressive taxes that are a part of our tax syster as the gasoline tax. Further, the credit is intended to encourage economically disadvantaged individuals to become contributing mer the workforce