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Accounting > Earned Income Credit

The following information is about Earned Income Credit.

Earned Income Credit Defined

A refundable tax credit for eligible low income workers, subject to computations based on qualifying children and phase in and phase out income levels.

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  • Earned Income Credit 2009, 2010 - Tax - Zimbio: The government may reduce your tax obligation or even pay you money if you qualify for the Earned Income Credit. If you made less than a certain amount of money in a given year, you may qualify for this tax credit. If you have children you may qualify for even more. Even if you don?t make enough to file a tax return, you may still qualify for the earned income tax credit and get a refund.

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