Shawn and Dahlia are married; both work and have one qualifying child.They had AGI of $19,000.What is their EIC?

Question

Quizplus · Accepted Answer

Based on the information given, Shawn and Dahlia would be eligible for the Earned Income Credit (EIC) as they have a qualifying child and their AGI falls within the income limits for this credit. The exact amount of their EIC would depend on their filing status and the number of qualifying children they have. As they are married filing jointly with one qualifying child, their EIC would be $3,305 based on the 2020 tax year EIC table.

Shawn and Dahlia Are Married; Both Work and Have One