Maxine is a 29-year-old single mother.Her tax liability before any credits is $1,000 and her earned income credit is $2,500.What is the amount of Maxine's refund? Explain.

Question

Quizplus · Accepted Answer

The Answer is $1,500.The full earned income credit is available.The taxpayer is eligible to claim the credit and receive a refund equal to the amount of the credit in excess of the tax liability.

Maxine Is a 29-Year-Old Single Mother