Intuit Academy Tax Practice Exam 2025 – 400 Free Practice Questions to Pass the Exam

Question: 1 / 400

For the year 2022, what is the income limit range for the Earned Income Tax Credit based on filing status and number of children?

Approximately $10,000 to $40,000

Approximately $19,000 to $57,000

The Earned Income Tax Credit (EITC) is a benefit for working individuals and couples, particularly those with children, designed to reduce the amount of tax owed and potentially result in a refund. The income limits for qualifying for the EITC vary based on filing status (single, married filing jointly) and the number of qualifying children.

For the tax year 2022, the income limit for the EITC differs by the number of children. Single filers with no children can earn up to about $16,480, while those with one child can earn up to approximately $43,492, and for those with three or more children, the limit goes up to around $53,057. Married couples filing jointly can earn up to approximately $22,610 without children, up to about $49,622 with one child, and about $62,500 with three or more children.

Given this structure, the range that encompasses the upper limits for those with one to three children aligns with the range of approximately $19,000 to $57,000, making it the correct choice. This choice accurately reflects the upper boundary of earnings that would still qualify for the EITC, making it essential for individuals and families to understand

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Approximately $25,000 to $75,000

Approximately $15,000 to $50,000

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