EIC

(redirected from Earned income tax credit)
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EIC

Abbr. for “Engineering Institute of Canada.”
References in periodicals archive ?
gov/uac/soi-tax-stats-individual-income-tax-returns#prelim) data is available, 28,881,720 Americans claimed the Earned Income Tax Credit, which (https://www.
The Earned Income Tax Credit is a refundable credit for low- to moderate-income taxpayers who earn their income by working.
Massachusetts Production Coalition President Margie Sullivan said expanding the earned income tax credit is important, but kicking what she called the strong and growing film and television production industry out of the state will only hurt the economy.
and the Computer & Communications Industry Association also help low-to-moderate income taxpayers file their taxes and claim the earned income tax credit for free.
Nonetheless, other recent Brookings work ("Responding to the New Geography of Poverty: Metropolitan Trends in the Earned Income Tax Credit," http://www.
THE SOURCE: "Effects of Prenatal Poverty on Infant Health: State Earned Income Tax Credits and Birth Weight" by Kate W.
If the friend files a return claiming her child as a QC, the child tax credit and earned income tax credit may exceed any tax benefit of applying their dependency exemptions to a higher marginal tax rate of the taxpayer.
This article's focus: Earned Income Tax Credit (EITC)
The Earned Income Tax Credit (EITC) is the government's largest benefits program for working families.
They include the federal child tax credit, welfare benefits, earned income tax credit, special fuels tax credits, foreign income excluded for federal income taxes, and untaxed Social Security benefits.
The Advance Earned Income Tax Credit (AEITC) allows individuals to receive a portion of the Earned Income Tax Credit (EITC) in their paychecks, instead of receiving all of it when filing their year-end tax return.