Earned Income Credit - EIC

What Does Earned Income Credit - EIC Mean?
A tax credit for low-income workers. Even workers whose incomes are too small to have paid taxes can get EIC.

Investopedia explains Earned Income Credit - EIC
This credit varies with family size, income and the number of children.

Related Terms

Additional Child Tax Credit
Earned Income
Separate Return
Tax Credit
More Related Terms

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