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No child: credit of 7.65% of earnings up to $6,580; maximum credit of $503; clawback of 7.65% of earnings begins at earnings of $8,240 (up

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No child: credit of 7.65% of earnings up to $6,580; maximum credit of $503; "clawback" of 7.65% of earnings begins at earnings of $8,240 (up to $14,820 ) 1 child: Credit of 34% of earnings up to $9,880; maximum credit of $3,359; "clawback" of 16% of earnings begins at $18,110 (up to $39,131 ) 2 children: Credit of 40% of earnings up to $13,870; maximum credit of $5,548; "clawback" of 21% of earnings begins at $18,110 (up to 44,454 ) 3 or more children: Credit of 45% of earnings up to $13,870; maximum credit of $6,242; "clawback" of 21% of earnings begins at $18,110 (up to $47,747 ) "clawback" of 21% of earnings begins at $18,110 (up to $47,747 ) 29. Assume that you are working at a social services agency, and one of your clients approaches you with questions about the Earned Income (Tax) Credit. Specifically, the client would like to know if she might be eligible for benefits under the program, and if so, the amount of the refundable tax credit that she would actually receive from the federal government. After engagement and assessment with the client, you find out that she is a single parent (age 25), and has three children. Her gross income amounted to $19,000 in 2015, and therefore, she has no tax liability after filing as head of household. What is the amount of her refundable earned income tax credit? a. $5,548 reduced by a clawback in the amount of (21% of $890) b. $5,548 reduced by a clawback in the amount of (21% of $19,000) c. $6,242 reduced by a clawback in the amount of (21% of $890) d. $6,242 reduced by a clawback in the amount of (21% of $19,000)

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