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 What is earned income credit on a 1040ez tax return?

Answer The earned income tax credit (EITC) provides lower-income workers with assistance in reducing their tax bill or in increasing their refund. You can only claim the EITC on the 1040EZ tax form under ... Read More »
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Top Q&A For: What is earned income credit on a 1040ez tax re...

What is the earned income credit?

The Earned Income Tax Credit, or EITC, is a federal income tax credit for low-income families.Qualifications for the 2008 Tax YearQualifications may change with each tax year. The qualifications fo... Read More »
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What is the Earned Income Tax credit?

some years ago when the SS rate was increased Congress felt it was hurtful to low income people, especially those with children in the hometherefore they came up with the earned income credit which... Read More »
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What is the Earned Income Credit (EIC)?

The Earned Income Tax Credit (EITC), sometimes called the Earned Income Credit, is a federal income tax credit for lower income families who qualify. In addition, some states have earned income ta... Read More »
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Does sick pay qualify as income for the earned income credit?

Sick pay does fall under earned income. The Internal Revenue Service allows two ways to make earned income: either someone you work for pays you or you work in your own business, so sick pay would ... Read More »
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