Deductions & credits


@lbmont wrote:

My daughter is single and has 1 son (him). Her income is 42k, so I'm expecting $3995. Turbo Tax is coming up with $693. 


The maximum AGI for someone who is single and has one dependent is $46,560 for EIC.  Since she has an AGI of $42,000 that is on the bottom slope of the EIC bell curve so receiving $693 for EIC would be appropriate.