jesse8953 Posted January 26, 2013 Report Share Posted January 26, 2013 What is the "earned income tax credit" mean? Quote Link to comment Share on other sites More sharing options...
Newarcher Posted January 26, 2013 Report Share Posted January 26, 2013 The Earned Income credit is a credit which is refundable (meaning it can reduce your tax to zero and then result in a refund). It's based on earned income sources. It's generally only for people with children but can be obtained in limited situations for those without children. It's phased out once you meet certain earned income thresholds, so it only applies to those who work and make little money, relatively speaking. Quote Link to comment Share on other sites More sharing options...
jesse8953 Posted January 27, 2013 Author Report Share Posted January 27, 2013 thank you Quote Link to comment Share on other sites More sharing options...
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