In 2018, Alex has income from wages of $16,000, adjusted gross income of $18,000, and tax...
In 2018, Alex has income from wages of $16,000, adjusted gross income of $18,000, and tax liability of $300 before the earned income credit. What is the amount of Alex's earned income credit for 2018, assuming he is single and his 5-year-old dependent son lives with him for the full year?
a.$0
b.$2,000
c.$3,461
d.$373
e.None of these choices are correct.
Homework Answers
$3461
This is the limit for single tax payer with single child who is qualifying.
This limit changes depending on the number of children and his status as a tax payer
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