Full Form of EITC
Full Form: | Earned Income Tax Credit |
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Category: | Business & Finance |
Sub Category: | Accounting |
What is EITC Full Form?
EITC is full form Earned Income Tax Credit
What is Earned Income Tax Credit?
The earned-income credit (EIC) is a refundable tax credit used to supplement the wages of low-income workers and help offset the effect of Social Security taxes. The EIC is available only to taxpayers with low or moderate earnings, whether or not they have qualifying dependents.