• March 1, 2017

Earned Income Tax Credit (EITC)

Earned Income Tax Credit (EITC)

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Earned Income Tax Credit (EITC) - or simply Earned Income Credit (EIC) - is a federal income tax credit for low to moderate income workers. The credit is determined by various factors including the number of qualifying children and adjusted gross income and earned income.  When EITC exceeds the amount of taxes owed, it results in a tax refund to those who claim and qualify for the credit. To qualify, you must meet certain requirements and file a tax return, even if you do not owe tax or are not otherwise required to file.

To learn more about this opportunity, visit the Internal Revenue Service's EITC website or consult a tax professional.

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