EITC

English

EITC (usually uncountable, plural EITCs)

(US, taxation) Initialism of earned income tax credit.
- 2021 July 14, Sherrod Brown, Peter Edelman, “It’s time to make these expanded tax credits permanent”, in CNN Business‎^[1]:
  In 2018, the EITC and CTC kept 10.6 million people out of poverty, according to the CBPP, and the evidence shows they improve health, education and long-term employment outcomes, especially among children.
- 2025 May, “The One, Big, Beautiful Bill”, in United States House Committee on Ways & Means‎^[2], page 44:
  The IRS may audit an EITC claim or deny all or part of the credit if there are errors on a tax return.