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 Net Profit Tax Return Form 2015

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[Music] this is David with tax layer Pro in this video we'll go over some of the 2015 tax law updates that we're going to see on our 2015 tax returns first let's talk about the 2015 Earned Income Tax Credit Income Limits the maximum credit amounts and tax law updates first the earned income and AGI limits this table represents the blue numbers in parenthesis are the 2014 incom limits and the numbers in red are the 2015 income limits so for instance if you are single with no dependence for 2015 your earned income must be less than 14,820 if you're single or head of household with three or more dependents then your earned income has to be less than 47,7 47 for 2015 dropping down to the married filing jointly area with three or more dependence on the 2015 return is now the earned income or I'm sorry the AGI limit for the earned income [Music] credit the eitc investment income limit still $3,400 or less for the year maximum earned income credit amoun

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