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Calculate the amount of wilson and virginia todd

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Reference no: EM132419926

For 2018, Wilson and Virginia Todd qualify for the earned income credit. They file married filing jointly and have two dependent children, ages 6 months and 4 years at the end of the year.

a. Using the EIC tables, calculate the amount of Wilson and Virginia Todd's earned income credit assuming Wilson has earned income of $7,300 and Virginia has no earned income. Their adjusted gross income for 2018 is $9,000.

b. Calculate the amount of Wilson and Virginia Todd's earned income credit assuming Wilson has earned income of $14,300 and Virginia has earned income of $2,000. Their adjusted gross income for 2018 is $16,500.

Reference no: EM132419926

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