Download or read book Will You Help Us Tell Your Public about the Earned Income Tax Credit written by and published by . This book was released on 1999 with total page 2 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Will You Help Us Tell Your Public about the Earned Income Tax Credit Publication 1830 Revised December 1999 written by and published by . This book was released on 2000* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Earned Income Tax Credit EITC Could Mean in Your Pocket If You Qualify written by United States. Internal Revenue Service and published by . This book was released on 1999 with total page 2 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Why Wait Till Tax Time If You Qualify to Get this Credit Now written by and published by . This book was released on 2000 with total page 2 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public Papers of the Presidents of the United States William J Clinton written by United States. President (1993-2001 : Clinton) and published by . This book was released on 1999 with total page 1070 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public Papers of the Presidents of the United States written by United States. President and published by . This book was released on 2002 with total page 894 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Earned Income Tax Credit written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Oversight and published by . This book was released on 1996 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public Papers of the Presidents of the United States William J Clinton 2000 2001 written by Clinton, William J. and published by Best Books on. This book was released on 2000-01-01 with total page 886 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public Papers of the Presidents of the United States
Download or read book President s Statement on Principles of Welfare Reform written by United States. Congress. Senate. Committee on Finance. Subcommittee on Public Assistance and published by . This book was released on 1977 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public Papers of the Presidents of the United States written by and published by Government Printing Office. This book was released on 2001-11 with total page 2296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contains public messages and statements of the President of the United States released by the White House from January 1 to June 30, 2002.
Download or read book Helping Working Families written by Saul D. Hoffman and published by W.E. Upjohn Institute. This book was released on 2003 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gives an overview of the EITC and makes recommendations for changes.
Download or read book Earned Income Tax Credit written by United States. Congress. Senate. Committee on Governmental Affairs and published by . This book was released on 1996 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public Papers of the Presidents of the United States William J Clinton 1995 written by Clinton, William J. and published by Best Books on. This book was released on 1997-01-01 with total page 1290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public Papers of the Presidents of the United States
Download or read book Public Papers of the Presidents of the United States William J Clinton 1993 written by Clinton, William J. and published by Best Books on. This book was released on 1994-01-01 with total page 1358 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public Papers of the Presidents of the United States
Download or read book Internal Revenue Service s 1995 Earned Income Tax Credit Compliance Study written by United States. Congress. House. Committee on Ways and Means and published by . This book was released on 1998 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Weekly Compilation of Presidential Documents written by and published by . This book was released on 2000 with total page 892 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Earned Income Tax Credit Eitc written by Congressional Research Congressional Research Service and published by CreateSpace. This book was released on 2014-12-03 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Earned Income Tax Credit (EITC) is a refundable tax credit available to eligible workers earning relatively low wages. Because the credit is refundable, an EITC recipient need not owe taxes to receive the benefit. Eligibility for and the amount of the EITC are based on a variety of factors, including residence and taxpayer ID requirements, the presence of qualifying children, age requirements for childless recipients, and the recipient's investment income and earned income. Tax filers with income above certain thresholds-these thresholds are based on marital status and number of qualifying children-are ineligible for the credit. The EITC varies based on a recipient's earnings. Specifically, the EITC equals a fixed percentage (the "credit rate") of earned income until the credit amount reaches its maximum level. The EITC then remains at its maximum level over a subsequent range of earned income, between the "earned income amount" and the "phase-out amount threshold." Finally, the credit gradually decreases to zero at a fixed rate (the "phase-out rate") for each additional dollar of adjusted gross income (AGI) (or earnings, whichever is greater) above the phase-out amount threshold. The specific values of these EITC parameters (e.g., credit rate, earned income amount) vary depending on several factors, including the number of qualifying children a tax filer has and his or her marital status. For 2014, the maximum EITC for a tax filer without children is $496 per year. In contrast, the 2014 maximum EITC for a tax filer with one child is $3,305 per year; for two children, $5,460 per year; and for three or more children, $6,143 per year. The EITC is provided to individuals and families once a year, in a lump sum payment after individuals and families file their federal income tax return. The credit may be received in one of three ways: (1) a reduction in federal tax liability; (2) a refund from the Treasury if the tax filer has no income tax liability; or (3) a combination of a reduced federal tax liability and a refund. The amount of the credit a tax filer receives is based on the prior year's income, earnings, and family composition (marital status and number of qualifying children). That is, the EITC paid in 2015 will be based on factors from 2014. The EITC cannot be counted as income in determining eligibility for or the amount of any federally funded public benefit program. An EITC refund that is saved by a tax filer does not count against the resource limits of any federally funded public benefit program for 12 months after the refund is received. In 2012, a total of $64.1 billion was claimed by 27.8 million tax filers (19% of all tax filers), making the EITC the largest need-tested anti-poverty cash assistance program. In that year, 97% of all EITC dollars were claimed by families with children. However, there was considerable variation in the share of returns claiming the EITC by state, with a greater share filed in certain southern states compared to other regions of the country.
