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The Earned Income Tax Credit (EITC): Percentage of Total Tax Returns and Credit Amount by State

Description: The earned income tax credit, established in the tax code in 1975, provides cash assistance to lower-income working parents and individuals through the tax system. In the tax year 2004, total earned income tax credit was $40.7 billion, with 22.4 million tax returns claiming the earned income tax credits. The report contains information on the earned income tax credit, the percentage of tax returns claiming the tax credit, the average amount of the tax credit, and related information by state.
Date: November 21, 2006
Creator: Scott, Christine
Partner: UNT Libraries Government Documents Department
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The Earned Income Tax Credit (EITC): Percentage of Total Tax Returns and Credit Amount by State

Description: The earned income tax credit (EITC), established in the tax code in 1975, offers cash aid to working parents with relatively low incomes who care for dependent children. The EITC is the only federal cash aid available to all working poor families with children. For eligible filers with income tax liability, the EITC reduces their taxes.
Date: November 4, 2005
Creator: Scott, Christine
Partner: UNT Libraries Government Documents Department
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