Issues - Tax Fairness
The Earned Income Tax Credit (EITC)
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| Click the picture above to estimate your Earned Income Tax Credit |
EITC is a federal tax credit that recognizes the economic contributions of working families. For 2006, the maximum credit is $4,500, and families with incomes up to about $38,000 may qualify. Though the program has detailed eligibility rules, basic eligibility is a function of income and family size.
With the help of the Center on Budget and Policy Priorities and the Internal Revenue Service, Congressman Brown developed an online interactive EITC estimator. You can use this tool to estimate your 2006 EITC (a new window will open). You can also learn more about the EITC with overviews from Congressman Brown in EnglishPDF and SpanishPDF or download the Internal Revenue Service's more detailed Publication 596PDF.
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