Not one it penny has ever been earned by recipients, yes the Earned Income Tax Credit is the name of it.
And so it’s an abomination to millions of struggling taxpayers who must pay for it, it puts lot of bucks in the pockets of recipients.
One must have a job like most Americans, with an intention to qualify for the arned Income Tax Credit, So in case a worker’s Adjusted Gross Income is less than 4576.
Recipients also can get an exemption from much withholding in the course of the year in anticipation of the huge refund he/she will likely receive, by taking advantage of the Advanced Earned Income Tax Credit. On the downside, millions of hard working taxpayers of modest means, who are not receiving the Earned Income Tax Credit get hit with a stiff tax bill.