U.S Tax law with 2019 revisions:

Problem 7-7 Earned Income Credit (LO 7.2)

Margaret and David Simmons are married and file a joint income tax return. They have two dependent children, Margo, 5 years old (Social Security number 316-31-4890), and Daniel, who was born during the year (Social Security number 316-31-7894). Margaret's wages are $3,000, and David has wages of $14,000. In addition, they receive interest income of $200 during the year. Margaret and David do not have any other items of income and do not have any deductions for adjusted gross income.

Assuming the Simmons file Form 1040 for 2019, complete Schedule EIC and the Earned Income Credit Worksheet A. Enter amounts as positive numbers.

Click here to view the Earned Income Credit table.

Note: List children from oldest to youngest.