Are the Franklins eligible to claim the earned income credit? A. Yes, because everyone has a taxpayer identification number. B. Yes, because Felix has a Social Security number. C. No, because Isabella has an ITIN. D. No, because their income is too high.

Question

Social Studies

Matthew Holden

9 April, 12:10

Are the Franklins eligible to claim the earned income credit? A. Yes, because everyone has a taxpayer identification number. B. Yes, because Felix has a Social Security number. C. No, because Isabella has an ITIN. D. No, because their income is too high.

+2

Answers (1)

Know the Answer?

Jensen · Answer 1

C. No, because Isabella has an ITIN

Explanation: For claiming Earned income credit, each person should have a valid SSN and fall under the specified earned income limits.

Felix and Isabella are filing jointly and their income is only $50,000 (limit is $52,493) which qualifies them with one criteria.

But, all the person's mentioned in the return need to have SSN but Isabella a resident alien has only ITIN. Hence, they cannot claim earned income credit for the year 2019-2020