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EIC
An IRA contributions puts the client into earnings eligible for the earned income credit. In this scenario, is taking the earned income credit allowable?
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1) The greater of AGI or earned income must be less than:
• $15,570 ($21,370 for MFJ) with no qualifying children,
• $41,094 ($46,884 for MFJ) with one qualifying child,
• $46,703 ($52,493 for MFJ) with two qualifying children, or
• $50,162 ($55,952 for MFJ) with three or more qualifying children.
Note it says Greater AGI or earned income
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