Definitions for "Earned income credit"
Keywords:  withheld, taxpayer, refund, worker, eic
A tax benefit that is allowed to employed people whose earned income and adjusted gross income is lower than a prefixed amount.
Low-income workers can file a tax return to get an earned income credit, even if no income tax was withheld from the worker's pay.
A specific tax credit available to individuals with low levels of earned income.