Diane is a single taxpayer who qualifies for the earned income credit. Diane has two qualifying children who are 3 and 5 years old. During 2014, Diane’s wages are $17,500 and she receives dividend income of $700. Calculate Diane’s earned income credit using the EIC table in Appendix B. You can also access the EIC table here: http://apps.irs.gov/app/vita/content/globalmedia/earned_income_credit_table_1040i.pdf
Diane’s earned income
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