Samuel and Annamaria are married, fle a foint return, and have three qualifying children, in 2022 , they earn wages of $34,000 and no other income. Round your intermediate computations to the nearest dollar. Click here to access the Earned Income Credit and Phaseout Percentages Table. Determine the amount of their earned income credit for 2022. X Feedonck F cheok My Work The earned income credit, which has been a part of the law for mamy years, consistently has been justified as a means of providing tax equity to the working poor. In addition, the credit has been designed to help offset regressive taxes, such as the gasoline tax, that impose a relatively. larger burden on low-income taxpayers. 2 Earned Income Credit and Phaseout Percentages