About EITC
The EITC is a special tax benefit for working people who earn low or moderate incomes. It has several important purposes: to reduce the tax burden on these workers, to supplement wages, and to provide a work incentive. Workers who qualify for the EITC and file a federal tax return can get back some or all of the federal income tax that was taken out of their pay during the year. They may also get extra cash back from the IRS. Even workers whose earnings are too small to owe income tax can get the EITC. What’s more, the EITC offsets any additional taxes workers may owe, such as payroll taxes.
For more information about EITC, please visit About Earned Income Tax Credit Website.
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