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amount of $10,491. See sec. 1401. Accordingly, petitioner is
also entitled to a deduction in the amount of one-half of the
self-employment tax, as stated by respondent in the notice of
deficiency. See sec. 164(f)(1).
Finally, respondent made a computational adjustment
disallowing petitioner’s claimed earned income credit. The
record does not establish that petitioner had any qualifying
children, as defined under section 32(c)(3), during taxable year
1996. Because petitioner’s earned income was greater than $9,500
during that year, petitioner was not eligible to claim the
credit. See sec. 32(a)(2).
To reflect the foregoing,
Decision will be entered
for respondent.
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Last modified: May 25, 2011