The Earned Income Credit A special tax credit, known as the earned income credit or EIC, is available to lower-income taxpayers who have at least some earnings from personal services during the year.
EARNED INCOME CREDIT - A credit that low-income workers can receive. If you are eligible, you must file... EARNED SURPLUS - see RETAINED EARNINGS.
Earned Income Credit A tax credit for taxpayers with children. Earned Surplus ...
Earned income credit (EIC) The earned income tax credit (EIC) reduces the income tax of that certain low-income taxpayers would otherwise owe.
EIC (Earned Income Credit): This is a tax benefit for working people with low or moderate incomes.
Earned Income Credit (in accounting) Related answers: Can you file even if you had no earned income? Read answer...
Earned Income Credit - EIC A tax credit for low-income workers. Even workers whose incomes are too small to have paid taxes can get EIC.
Earned Income Credit - If the taxpayer claimed the Earned Income Credit on the original filed return, then it may have to be recaptured as a result of the increase in income from the lawsuit.
The earned income credit is also equalized so that married and single taxpayers receive the same benefit by 2008 according to this schedule: Year Increase in EIC phase-out amount ...
See also: Adoption Credit, Child Tax Credit, Earned Income Credit, Lifetime Learning Credit, Tax Credit ? Mentioned in Lifetime Learning Credit Financial browser?
Compensation earned from employment, which includes wages, salary, tips, and compensation. Earned income credit A tax credit for taxpayers with children. Earned surplus ...
See also: Earned income, Expense, Compensation, Administration, Withholding
 
|