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Use 2019 Tax. Kimberly has recently married Dean. Both taxpayers are 23 years old. They have one dependent child, Amber age 3. Calculate Kimberly and

Use 2019 Tax. Kimberly has recently married Dean. Both taxpayers are 23 years old. They have one dependent child, Amber age 3.

Calculate Kimberly and Dean’s tax liability and tax credits based on the following information:

Kimberly’s W-2 $5,000

Dean’s W-2 $7,000

Kimberly’s unemployment compensation $8,000

Dean’s unemployment compensation $9,000

2. What is the maximum earned income credit a family (MFJ) with one child can receive?

3. What are the basic rules for claiming the earned income credit? (e.g. Who qualifies? What affect does filing status have on the credit? How much is refundable?, etc.)

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1 Kimberly and Deans tax liability and tax credits Tax refund 3164 Tax credit 3584 Description Amount Kimberlys Wages 5000 Deans Wages 7000 Kimberlys ... blur-text-image

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