An earned income credit is a special credit that reduces the amount of taxes owed by taxpayers who earn high incomes.

Name: An earned income credit is a special credit that reduces the amount of taxes owed by taxpayers who earn high incomes.
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The Earned Income Credit (EIC) is designed to benefit low to moderate-income working individuals and families, reducing the amount of tax owed and potentially providing a refund.

An Earned Income Credit Is a Special Credit That Reduces