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Emmanuel and Camille are married, file jointly, and have two 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: $_______
Exhibit 13.3 Child and Dependent Care Credit Computations Adjusted Gross Income Applicable Over But Not Over $15,000 0 15,000 17,000 17,000 19,000 19,000 21,000 21,000 23,000 25,000 23,000 25,000 27,000 27,000 29,000 31,000 29,000 31,000 33,000 33,000 35,000 35,000 37,000 37,000 39,000 39,000 41,000 41,000 43,000 No limit 43,000
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