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No. Unemployment compensation is not earned income.
The earned income credit is first calculated (actually looked up in a table) on your earned income then it is calculated on your total income (AGI). You get the lesser of the two calculated EIC numbers. See the EIC table at:
https://apps.irs.gov/app/vita/content/globalmedia/earned_income_credit_table_1040i.pdf
EITC is different then the EIC credit?
No. They are the same thing; just a different way of saying it. Earned Income Credit (EIC) or Earned Income Tax Credit (EITC)
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