A refundable federal tax credit for low-income working families that reduces the amount of taxes owed is called an Earned Income Tax Credit.

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The Earned Income Tax Credit (EITC) is a refundable federal tax credit that reduces the amount of taxes owed by low-income working families. It is designed to provide an incentive for people to work by supplementing their income, and it is one of the largest anti-poverty programs in the United States.

A Refundable Federal Tax Credit for Low-Income Working Families That