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Joyce, a single parent, lives in an apartment with her two minor children ( ages 8 and 1 0 ) , whom she supports. Joyce

Joyce, a single parent, lives in an apartment with her two minor children (ages 8 and 10), whom she supports. Joyce earns
$33,000 during 2023. She uses the standard deduction and files as a head of household.
Round all computations to the nearest dollar.
Click to access Earned Income Credit and Phaseout Percentages Table and the Tax Rates Schedules.
a. Calculate the amount, if any, of Joyce's earned income credit.
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The earned income credit, which has been a part of the law for many years, consistently has been justified as a means of
equity to the working poor. In addition, the credit has been designed to help offset regressive taxes that are a part of our
as the gasoline tax. Further, the credit is intended to encourage economically disadvantaged individuals to become contrit
the workforce.
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