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In this tax tutorial, you will learn about the Earned Income Credit. A tax credit is a dollar-for-dollar reduction of the tax.
The earned income credit is a tax credit for certain people who work and whose earned income and adjusted gross income are under a specified limit.
For 2014, the earned income and adjusted gross income must be less than:
There are many rules that apply to the earned income credit.
At the same adjusted gross income level, taxpayers
Eligible taxpayers can receive the earned income credit even if their tax is zero.