Amount of earned income credit


Problem:

Matilda is 29 years old. In 2013, she and her husband reported total AGI of $19,000, all of which was earned income. She is married and they have one dependent.

Required:

Question: What amount of earned income credit may she and her husband claim in 2013 if they file jointly?

Note: Explain all steps comprehensively.

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Finance Basics: Amount of earned income credit
Reference No:- TGS0880822

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