Emma is married with three children. As a couple, Emma and her husband have an adjusted gross income of $46,000, comprised of $23,000 in wages, $9,000 in self-employed income, and $14,000 in dividends. She is calling because TurboTax is not allowing her to claim the earned income tax credit. Why would the credit not be allowed?
(4 Points)
A. Income derived from investments in 2022 in excess of $10,300 in a single year disqualifies the taxpayer from receiving the credit.
B. Self-employment income disqualifies the taxpayer from receiving the credit.
C. The combined AGI is too high to claim the credit.
D. They should be receiving the EITC so there must be something wrong with the TurboTax software.