What is earned income credit ?

pbha05 · ‎March 8, 2021

I cant understand EIC - earned income credit ?

Bsch4477 · ‎March 8, 2021

https://blog.turbotax.intuit.com/tax-deductions-and-credits-2/happy-earned-income-tax-credit-awarene...

DavidD66 · ‎March 8, 2021

The Earned Income Tax Credit (EITC) helps low- to moderate-income workers and families get a tax break. If you qualify, you can use the credit to reduce the taxes you owe – and maybe increase your refund.

You may claim the EITC if your income is low- to moderate. The amount of your credit may change if you have children, dependents, are disabled or meet other criteria.

To figure the credit, see Publication 596, Earned Income Credit.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"