Trending QuestionsCategory: Tax CreditsIs EIC and EITC the same thing?
Foxer asked 7 months ago

Anyone know if EIC and EITC mean the same thing?

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1 Answers
Purfectpong answered 7 months ago

EITC, Earned Income Tax Credit, is a benefit for working people who have low to moderate income. A tax credit means more money in your pocket. It reduces the amount of tax you owe and may also give you a refund.

EITC is also called EIC or Earned Income Credit.

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