For the 2019 tax year, Sally, who is single, reported the following items of income: $$\begin{array} { l r }
\text { Interest income } & \$ 600 \
\text { Wages } & \$ 4,100 \
\text { Earnings from self-employment } & \$ 3,000
\end{array}$$ She maintains a household for herself and her 1-year-old son who qualifies as her dependent. What is the earned income credit available to her for 2019, using the tables?

Question

For the 2019 tax year, Sally, who is single, reported the following items of income: $$\begin{array} { l r } 
\text { Interest income } & \$ 600 \
\text { Wages } & \$ 4,100 \
\text { Earnings from self-employment } & \$ 3,000
\end{array}$$ She maintains a household for herself and her 1-year-old son who qualifies as her dependent. What is the earned income credit available to her for 2019, using the tables?

Quizplus · Accepted Answer

Sally's earned income is $7,100 ($4,100 wages + $3,000 self-employment earnings). For 2019, with one qualifying child, the earned income credit for an income of $7,100 is $2,423 according to the IRS EIC tables.

For the 2019 Tax Year, Sally, Who Is Single, Reported