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Earned Income Credit |
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Earned Income Credit A tax credit for low-income workers, even if no income tax was withheld from the worker's pay. Notes: This credit varies with family size, income and the number of children.See also: Earned Income, Tax Credit Earned income credit A tax credit for taxpayers with children. |
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Low- and moderate-income families with children may be eligible to receive $4,500 thanks to the Earned Income Tax Credit, officials said Thursday. The Earned Income Tax Credit promised to be a great boon for the working poor, the very people who most deserved a helping hand. Keywords: Earned income tax credit (EITC), poverty, social policy, tax policy, welfare reform |
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Earned income tax credit
