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Deductions & credits
Your EIC is calculated based on your earned income, but also, your tax year investment income must be $3,600 or less for the year.
In addition, both your earned income and adjusted gross income (AGI) must be no more than $15,570 for single with no dependents.
This IRS link will give you more information: https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/do-i-qualify-for-earned-...
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March 19, 2020
11:41 AM