The scenario continues. Suppose Randy claims the EIC based on Anna as a qualifying child, and Cara claims the EIC based on both Anna and Jimmy.
Which parent would be entitled to the credit based on Anna and why?
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Cara, because Anna lived with her longer than with Randy |
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Randy, because his AGI was higher than Cara's |
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Randy, because Cara already had the credit based on Jimmy |
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Neither; both parents would lose the credit |