Which of the following individuals or couples qualify for the 2018 earned income credit?
I.Holly is single, 23 years old, and has just finished drama school. She earns $2,000 doing commercials and another $6,000 as a taxicab driver.
II.Larry and Shari are both 30 years old. Larry works part-time and earns $6,000, and Shari, who is starting her own business, earns $9,000. They have one child.

Question

Which of the following individuals or couples qualify for the 2018 earned income credit?
I.Holly is single, 23 years old, and has just finished drama school. She earns $2,000 doing commercials and another $6,000 as a taxicab driver.
II.Larry and Shari are both 30 years old. Larry works part-time and earns $6,000, and Shari, who is starting her own business, earns $9,000. They have one child.
​

Quizplus · Accepted Answer

Larry and Shari qualify for the earned income credit because they have a qualifying child and meet the income requirements. Holly does not qualify because she is under 25 and does not have a qualifying child.

Which of the Following Individuals or Couples Qualify for the 2018