For 2014, Beatrice qualifies for the earned income credit. She has one daughter who is 7 years old. Her earned income and adjusted gross income for 2014 are $6,100.
a.Using the EIC tables, calculate the amount of her 2014 earned income credit.
b.Calculate the amount of Beatrice's 2013 earned income credit assuming her earned income for 2014 is $8,400 and her adjusted gross income is $10,000.

Question

For 2014, Beatrice qualifies for the earned income credit. She has one daughter who is 7 years old. Her earned income and adjusted gross income for 2014 are $6,100.
a.Using the EIC tables, calculate the amount of her 2014 earned income credit.
b.​Calculate the amount of Beatrice's 2013 earned income credit assuming her earned income for 2014 is $8,400 and her adjusted gross income is $10,000.

Quizplus · Accepted Answer

The Answer of For 2014, Beatrice qualifies for the earned income credit. She has one daughter who is 7 years old. Her earned income and adjusted gross income for 2014 are $6,100.
a.Using the EIC tables, calculate the amount of her 2014 earned income credit.
b.​Calculate the amount of Beatrice's 2013 earned income credit assuming her earned income for 2014 is $8,400 and her adjusted gross income is $10,000.

For 2014, Beatrice Qualifies for the Earned Income Credit