On: How to Make It on Craigslist

[jcampbell1]

But he gets those credits whether or not he reports his profit. On a cashflow basis, it will cost him 20%. You are right though, his tax bill at the end of the year would be about 8% of $45k.

[ars → jcampbell1]

That's not true - the EIC goes up when you make more (up till a limit).