Tyana and Yuri have three children,live in the United States,and earn $45,000 a year.They are eligible for a tax credit to help reduce their tax burden,but are unaware that it exists.They should be told about

Question

Quizplus · Accepted Answer

EITC stands for Earned Income Tax Credit and is a refundable tax credit for low to moderate-income working individuals and families. Based on the information given, Tyana and Yuri would likely qualify for this credit and should be informed about it to help reduce their tax burden. TANF (Temporary Assistance for Needy Families), SNAP (Supplemental Nutrition Assistance Program), and FATC (Family and Dependent Care Tax Credit) are not relevant in this scenario.

Tyana and Yuri Have Three Children,live in the United States,and