Meaning of EITC | Babel Free

Definitions

Initialism of earned income tax credit.

US, abbreviation, alt-of, initialism, uncountable, usually

Examples

“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.”

“The IRS may audit an EITC claim or deny all or part of the credit if there are errors on a tax return.”

CEFR level