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Congressional Research Service: 'Earned Income Tax Credit - How It Works & Who Receives It' (Part 2 of 2)
February 05, 2024
WASHINGTON, Feb. 5 (TNSrep) -- The Congressional Research Service issued the following report (No. R43805) on Nov. 14, 2023, entitled "The Earned Income Tax Credit - How It Works and Who Receives It:"

(Continued from Part 1 of 2)

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Payment of the EITC

The EITC is provided to individuals and families annually in a lump-sum payment after a taxpayer files a federal income tax return./22 Like all tax credits, the EITC can reduce incom . . .

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