Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 39 choose one of the answers which of the followin

39 choose one of the answers Which of the following taxpayers qualifies for the Earned...

80.2K

Verified Solution

Question

Accounting

39 choose one of the answers

Which of the following taxpayers qualifies for the Earned Income Credit? (All are U.S. citizens, lived in the United States for more than six months, and have valid social security numbers that allow them to work. They did not have any foreign income and will not file Form 2555, Foreign Earned Income.)

1. Alley (28) is filing as a single taxpayer with no dependents. Alley's earned income and adjusted gross income in 2022 was $24,900, all from wages. She had no other income.

2. Anwar (27) is filing as a single taxpayer with no dependents. Anwar's earned income and adjusted gross income in 2022 was $13,333, all from wages. He had no other income.

3. Doug (38) and Serena (39) are married, filing a joint return. Doug's income from wages was $19,781. Serena's income from wages was $31,564. They had no other income in 2022. Doug and Serena had their first child, Caleb, in December 2022.

4. Ronald (29) and Suzie (39) are married, filing a joint return. Ronald's income from wages was $20,778. Suzie's income from wages was $42,555. They had no other income in 2022. Ronald and Suzie have three qualifying children (ages 3, 6, and 9)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Advance Math
1.2K views

The resistance of blood flowing through an artery is R = C L r4 where L and r are...

Advance Math
1.2K views

For any Gaussian Integer z ? ?[i] with z = a+bi , define N(z) =a2 +...

Basic Math
1.2K views

A process is in statistical control with   and The control chart uses a sample size of n...

Finance
1.2K views

Given that the cash flow forecast is crucial to a project, who should be responsible for...

Physics
1.2K views

12 Refer to the infinite network of capacitors shown in figure The capacitance of each...

Statistics
1.2K views

Consider the following Venn diagram A R Q

Statistics
1.2K views

ne ff data were collected to determine the relationship between pretture the corresponding deale leadilly...

Calculus
1.2K views

Find the interval s on which the function f x x4 4x is concave down...

Accounting
1.2K views

Question 35 $40. $70. $100. $130

Accounting
1.2K views

On November 17, 20X1, your company purchases a building for $500,000. Your company uses the...

Accounting
1.2K views

A famly is relocating from St. Louis, Missourl, to Callomnla. Due to an increasing inwentory...

Finance
1.2K views

You are considering making a movie. The movie is expected to cost $10.5 milion up...