Get the free 2014 EARNED INCOME TAX CREDIT ( EITC ) NOTICE - phila
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1401 John F. Kennedy Boulevard Municipal Services Building, Concourse Level Philadelphia, PA 19102 2014 EARNED INCOME TAX CREDIT (ETC) NOTICE You may be eligible for the Earned Income Tax Credit (ETC)!
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What is earned income tax credit?
Earned Income Tax Credit (EITC) is a benefit for working people with low to moderate income, designed to help reduce the amount of tax they owe and provide them with a refund if their tax liability is less than the amount of the credit.
Who is required to file earned income tax credit?
Individuals who have earned income and meet certain income and other requirements may be eligible to claim the EITC on their tax return.
How to fill out earned income tax credit?
To claim the EITC, taxpayers must file a tax return and complete Schedule EIC. They must also provide certain information, such as income earned from work, the number of qualifying children, and other relevant details.
What is the purpose of earned income tax credit?
The purpose of the EITC is to provide financial assistance to low to moderate-income individuals and families, helping to reduce poverty and incentivize work.
What information must be reported on earned income tax credit?
Taxpayers claiming the EITC must report their earned income from work, the number of qualifying children, and other relevant income and expense information on their tax return.
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