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Shannon who is 27 years old maintains a household for a dependent 11 year old son. Her income consists of $10,050 of salary and $50
Shannon who is 27 years old maintains a household for a dependent 11 year old son. Her income consists of $10,050 of salary and $50 of taxable interest. She paid no income taxes in 2023 because her income was so low. With respect to the earned income credit the following is true: She can claim the earned income credit because it is a refundable credit. She cannot claim the earned income credit because she did not pay any income tax. She cannot claim the earned income credit because she has too much income. She cannot claim the earned incme credit because she is not married and only married taxpayers can claim the earned income credit
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