757-10        EARNED INCOME TAX CREDIT

Low-income workers who have earned income and are responsible for the care of a dependent child during a tax year may be eligible to receive a payment from the Internal Revenue Service (IRS) in the form of an Earned Income Tax Credit (EITC).

The EITCEarned Income Tax Credit is an amount an individual may be able to subtract from his or her federal income tax. If the credit is larger than the tax due, they may qualify for a refund even if the employed worker did not pay any taxes during the tax year. It is also possible to obtain the EITCEarned Income Tax Credit on a monthly basis as an advance directly from an employer.

Any EITCEarned Income Tax Credit payment made to an applicant or recipient of ATAPAlaska Temporary Assistance Program is disregarded as income.