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roblem 6-6 arned Income Credit (LO 6.2) Diane is a single taxpayer who qualifies for the earned income credit. Diane has two qualifying children who

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roblem 6-6 arned Income Credit (LO 6.2) Diane is a single taxpayer who qualifies for the earned income credit. Diane has two qualifying children who are 3 and 5 years old. During 2016, Diane's wages are $17,700 and she receives dividend income of $700. Earned Income Credit Phase-Out Ranges Other than joint filers PhaseoutPhaseout Joint filers Number of Qualifying Children Phaseout Begins Phaseut Ends Begins Ends $8,270 $14,880 $18,190 $39,296 $18,190 $44,648 $18,190 $47,955 $13,820 $23,740 $23,740 $23,740 $20,430 $44,846 $50,198 None $53,505 3 or more Calculate Diane's earned income credit using the EIC table in Appendix bB. larita pays $3,000 in

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