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Identify what credits ronnie might be eligible for

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Question 1: Identify what credits Ronnie might be eligible for, based on the facts he provided.

Question 2: Determine the amount of each credit

  • Show all your calculations so that Ronnie can see what you have done. Note that he is very sensitive to the need that this all be done correctly. He does not want to embarrasshis brother if his (Ronnie's) tax return is selected for audit! Additionally, even if he is eligible for the "Earned Income Credit" he thinks he may not claim this, because it might look bad politically to his family. So he tells you to ignore that credit, for now, until he checks with his brother, Donald.

Question 3: Assume no "minimum tax" will exist.

Question 4: What's his 2019 tax, after credits?

Reference no: EM132464737

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