Answered

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Patricia Bell (63) shared a home all year with her son, Anthony (41), and Anthony's son, Damonte (20). Patricia and Anthony worked full-time. Damonte was a part-time student during the year; he took one class at the local community college. He had no income. No one else lived in the home. Patricia and Anthony each have earned income and an adjusted gross income of more than $20,000, but less than $30,000. Who is eligible to claim and receive the Earned Income Tax Credit?

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Answer:

Explanation:

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Anthony is eligible to claim and receive Earned Income Tax Credit.

To claim and receive Earned Income Tax Credit, the individual must meet the following criteria:

  • Have an income of less than 40,000 if not married.
  • Have at least one child, student, aged between 19-24 years old.
  • Living with this child in the same house.
  • Have a job that can be partial or full time.

As we can see from the question above, only Anthony fits all the requirements, he is the only one who can apply for and receive the Earned Income Tax Credit.

More information about tax credit:

https://brainly.com/question/2135349

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