Calculate diane''s earned income credit using the eic table

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Reference no: EM133902856

Problem

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 2022, Diane's wages are $19,800 and she receives dividend income of $1,200. Get the instant assignment help.

Number of Qualifying Children	Other than joint filers	Joint filers
Phaseout Begins	Phaseout Ends	Phaseout Begins	Phaseout Ends
None	$11,610	$21,430	$17,560	$27,380
1	19,520	42,158	25,470	48,108
2	19,520	47,915	25,470	53,865
3 or more	19,520	51,464	25,470	57,414

Calculate Diane's earned income credit using the EIC table in Appendix B.

Reference no: EM133902856

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