What is the Earned Income Tax Credit (EITC)?Written by Amy Scholl | Published on October 31, 2016
The Earned Income Tax Credit, EITC or EIC, is a benefit for working people with low to moderate income. To qualify, you must meet certain requirements and file a tax return, even if you do not owe any tax or are not required to file. EITC reduces the amount of tax you owe and may give you a refund. Go here to find out if you qualify.