What is the Earned Income Tax Credit?
The
Earned Income Tax Credit, EITC or EIC, is a benefit for working people with low
to moderate income, particularly those with children. EITC reduces the amount
of tax owed and may provide a refund.
Visit
these websites for additional information about how to qualify:
· Internal Revenue
Service
· Oregon
Department of Revenue
Additional
information on what the IRS considers
earned income is also available online.
The
statement is informational only. The Employment Department cannot provide tax
advice.