Homework Answers
| The maximum limit for one qualifying dependent individual is $3,000. | |
| The maximum limit for two qualifying dependent individuals is $6,000. | |
| They have two children and both children's age have less than 13 years. | |
| Here the incurred qualifying expense is $5,200 which is less than the maximum limit of $6,000. | |
| Amount of qualifying expenses | $ 5,200 |
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Miriam and Arthur are married and incur $5,200 of qualifying expenses to care for their two...
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Click here to access Exhibit 13.3 Earned Income Credit and
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Carry out computations to two decimal places, and round your
final answer to the nearest dollar.
Enter the amount of Emmanuel and Camille's earned income credit:
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children, ages three and seven, whom they support. Their AGI is
$28,470.
Click here to access Exhibit 13.3 Earned Income Credit and
Phaseout Percentages.
Carry out computations to two decimal places, and round your
final answer to the nearest dollar.
Enter the amount of Emmanuel and Camille's earned income credit:
$_______
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