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

Anyone know if EIC and EITC mean the same thing?

If You Found The Information Here Was Useful Please Consider Sharing This Page!
 
 
  
    
Advertisement
1 Answers
Purfectpong answered 7 years 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.

If You Found The Information Here Was Useful Please Consider Sharing This Page!
 
 
  
    
Advertisement
Related Posts