Lu qualifies for a $101 earned income tax credit. Compute Lu's tax owed. Round to the nearest cent.
$
Since Lu has a $101 earned income tax credit, this means that her tax owed would be reduced by $101. Therefore, her tax owed would be:
$0.00 (original tax owed) - $101.00 (tax credit) = -$101.00
However, taxes owed cannot be negative. So, the tax owed would be $0.00.