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Deductions & credits
Talk to your employer about the Advance Earned Income Credit as they are the ones who must make the advance payments to their employees from the employment taxes they would normally deposit or send to the IRS.
Advanced EIC payroll instructions for employers are in the standard IRS publication for employers, The Employers Tax Guide, Circular E. The amount is paid to the employees -- with no income tax withheld.
‎July 27, 2019
10:29 AM