Which of the following statements is false regarding the earned income credit (EIC)?
A)Maximum amount of the credit depends on the earned income and number of children.
B)The credit is refundable.
C)If certain requirements are met,a taxpayer may receive advance payments of EIC.
D)A taxpayer without children cannot claim the credit.

Question

Quizplus · Accepted Answer

A taxpayer without children can still claim the earned income credit, but the maximum amount of the credit will be lower than a taxpayer with children.

Which of the Following Statements Is False Regarding the Earned