McGraw-Hill's Taxation of Individuals 3rd Edition by Brian Spilker,Benjamin Ayers,John Robinson,Edmund Outslay ,Ronald Worsham,John Barrick,Connie Weaver

Exercise 56

In 2011, Amanda and Jaxon Stuart have a daughter who is one year old.The Stuarts are full-time students and they are both 23 years old.Their only sources of income are gains from stock they held for three years before selling and wages from part-time jobs.What is their earned income credit in the following alternative scenarios
a.Their AGI is $15,000, consisting of $5,000 of capital gains and $10,000 of wages.
b.Their AGI is $15,000, consisting of $10,000 of alimony (unearned income) and $5,000 of wages.
c.Their AGI is $25,000, consisting of $20,000 of wages and $5,000 of alimony (unearned income).
d.Their AGI is $25,000, consisting of $5,000 of wages and $20,000 of alimony (unearned income).
e.Their AGI is $10,000, consisting of $10,000 of alimony (unearned income).