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Marshall has an AGI of $39,000 (all from earned income) and two qualifying children and is filing as a head of household. What amount of

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Marshall has an AGI of $39,000 (all from earned income) and two qualifying children and is filing as a head of household. What amount of earned income credit is he entitled to? EXHIBIT 8-11 2021 Earned Income Credit Table (1) Maximum Earned Income Eligible for Credit No Credit When AGI for earned Income ir greater) Equal or Exceeds This Amount (4) + (3(5) Qualifying Children 0 1 S 9.820 10.640 14.950 14.950 (3) Credit Phase-Out for Maximum | AGI (or earned Income (2) Credit ir greater) Over This Phase-Out Credit % (1) (2) Amount Percentage Married taxpayers filing joint returns 15.3% $1,502 $14,820 15.396 34 3,618 25,470 13.98 40 5,980 25,470 21.06 45 6,728 25,470 21.06 All taxpayers exempy married taxpayers filing Jolot retorns 15.39 $1.502 S 11.610 15.39 34 3.618 19.520 15.98 40 5,980 19.520 21.06 45 6,728 19.520 21.06 $24.637 48,108 53.865 57414 2 3+ 0 1 59.820 10.640 14.950 14,950 $21.427 42.158 47.915 31.464 2 3+ $1,878. O $0. $5,980. O $3,754

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