Journal Article
The Importance of Filing for the Earned Income Tax Credit
Abstract: The Earned Income Tax Credit (EITC) encourages work and reduces poverty by rewarding low- and moderate-income working families at tax time. Low-wage workers may receive the EITC even though they owe no tax or are not required to file. When the EITC amount exceeds their tax liability, the Internal Revenue Service (IRS) will still refund the balance.
Keywords: Earned Income Tax Credit (EITC);
Access Documents
Authors
Bibliographic Information
Provider: Federal Reserve Bank of Dallas
Part of Series: e-Perspectives
Publication Date: 2013
Volume: 13
Issue: 1
Order Number: 1