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Required information [The following information applies to the questions displayed below.) In 2019, Zach is single with no dependents. He is not claimed as a

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Required information [The following information applies to the questions displayed below.) In 2019, Zach is single with no dependents. He is not claimed as a dependent on another's 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? Use Exhibit 8-10. (Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount. Leave no answer blank. Enter zero if applicable.) a. Zach is 29 years old and his AGI is $4,900. Earned income credit b. Zach is 29 years old and his AGI is $9,450. Earned income credit c. Zach is 29 years old and his AGI is $17,400. Earned income credit d. Zach is 24 years old and his AGI is $4,900. Earned income credit EXHIBIT 8-10 2019 Earned Income Credit Table (1) Maximum Earned Income Eligible for Credit (2) Qualifying Children Credit % (3) (4) No Credit When AGI (or earned Maximum Credit Phase-Out for AGI income if greater) Equals or Credit (or earned income if Phase-Out Exceeds This Amount (4) + (1) X (2) greater) Over This Amount Percentage [(3)/(5)] Married taxpayers filing joint returns $ 529 $14,450 7.65% $21,370 3,526 24,820 15.98 46,884 5,828 24,820 21.06 52,493 6,557 24.820 21.06 55,952 $ 6,920 7.65% 10,370 34 2 3+ 14,570 14,570 40 45 $ 6,920 $15,570 All taxpayers except married taxpayers filing joint returns 7.65% $ 529 S 8,650 7.65% 3,526 19,030 15.98 40 | 5,828 19,030 21.06 6,557 19,030 21.06 34 41,094 10,370 14,570 14,570 2 3+ 46,703 45 50,162

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