Earned Income Tax Credit (EITC) : An Overview.

Provides an overview of the earned income tax credit (EITC), including eligibility, credit calculations, participation, characteristics of tax year 2000 EITC tax returns, and EITC interaction with other Federal tax credits, means-tested programs, and State EITC provisions. Discusses EITC policy issu...

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Bibliographic Details
Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 2003.
Series:	U.S. Congressional Research.
Subjects:	Work Incentive Program (U.S.) Earned income tax credit. Income tax. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	Provides an overview of the earned income tax credit (EITC), including eligibility, credit calculations, participation, characteristics of tax year 2000 EITC tax returns, and EITC interaction with other Federal tax credits, means-tested programs, and State EITC provisions. Discusses EITC policy issues, including whether EITC provides an incentive to work, possible imposition of a marriage penalty on single low income parents choosing to marry, and anti-poverty program effectiveness; and examines issue regarding compliance with the EITC provisions, use of paid tax preparers by EITC recipients, and EITC problems as cited by the National Taxpayer Advocate. Reviews legislative history of EITC since 1972, and parameters of EITC calculations since tax year 1975. Includes tables and graphs.
Item Description:	Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed July 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource.
Physical Description:	1 online resource.