Earned income tax credit definition

Earned income tax credit means the credit against federal personal income tax
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Earned income tax credit means the credit against federal personal income tax liability under the Internal Revenue Code of 1986, 26 U.S.C. § 32, or any successor section, the advanced payment of the earned income tax credit to an employee under the Internal Revenue Code, 26
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Earned income tax credit means the credit against Federal personal income tax liability under the Internal Revenue Code of 1986, 26 U.S.C. § 32, or any successor section, the advanced payment of the earned income tax credit or rebate, to an employee under the Internal Revenue Code, 26 U.S.C. § 3507, or any successor section and any refund received as a result of the earned income tax credit or rebate, as well as any refundable State earned income tax credit or rebate.
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Examples of Earned income tax credit in a sentence

  • Earned income tax credit (EITC) payments received after December 31, 1990, in the form of a refund of federal income taxes or in the form of an advance payment by an employer must be disregarded in the month of receipt of such payment and in the month following.

  • Earned income tax credit refund payments received on or after January 1, 1991; 26 USC 32 (j).

  • Earned income tax credit payments received either as a lump sum or payments under section 3507 of the Internal Revenue Code of 1986 (relating to advance payment of earned income tax credits received as part of the paycheck or as a reduction in taxes that otherwise would have been paid at the end of the year).

  • Earned income tax credit (EITC) payments when received as part of an income tax refund.

  • Earned income tax credit (EITC) refund payments received on or after January 1, 1991 (26 U.S.C. 32(j)), are excluded from annual income [24 CFR 5.609(c)(17)].

  • The process is to limit wells to 150,000 cubic meters without charge, then begin a progressive charge.

  • Earned income tax credit refund payments received from the Internal Revenue Service on or after January 1, 1991.

  • Earned income tax credit The provision extends certain EITC provisions adopted by EGTRRA for two years (through 2012).

  • As it is observed that all the Cronbach’s alpha values for each construct were above the cutoff value i.e., 0.50, which indicated reliability of the instrument, results given in chapter four.

  • Earned income tax credit (EITC) refund payments received on or after January 1, 1991 [26U.S.C. 32(j)], are excluded from annual income [24 CFR 5.609(c)(17)].


More Definitions of Earned income tax credit

Earned income tax credit. ("EITC") means an income tax credit for low-income working individuals and families. In Iowa both the federal and state EITC are refundable. This means that any amount of the credit that
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Earned income tax credit means the federal basic earned income credit
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Earned income tax credit means the credit against federal personal income tax liability under § 32 of the Internal Revenue Code of 1986, 26 U.S.C. § 32, or any successor section, the advanced payment of the earned income tax credit to an employee under § 3507 of the code, 26 U.S.C. § 3507, or any successor section and any refund received as a result of the
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Earned income tax credit means the credit against federal personal income tax liability under § 32 of the Internal Revenue Code of 1986,
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Earned income tax credit. A tax credit for employed individuals who have earned income under specified limits as outlined in the Department of the Treasury, Internal Revenue Service, Publication 596.
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Related to Earned income tax credit

  • child tax credit means a child tax credit under section 8 of the Tax Credits Act 2002;

  • Tax Credit means a credit against, relief or remission for, or repayment of any Tax.

  • Unpaid estimated income tax means estimated income tax due but not paid by the date the tax is required to be paid under applicable law.

  • Tax Credits means the low-income housing tax credits found in Section 42 of the Code, and all rules, regulations, rulings, notices and other promulgations thereunder.

  • Unpaid income tax means income tax due but not paid by the date the income tax is required to be paid under applicable law.

  • council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;

  • Production Tax Credit or “PTC” means the tax credit for electricity produced from certain renewable generation resources described in Section 45 of the Internal Revenue Code of 1986, as it may be amended or supplemented from time to time.

  • working tax credit means a working tax credit under section 10 of the Tax Credits Act 2002;

  • Consolidated federal income tax return means a consolidated return filed for federal income tax purposes pursuant to section 1501 of the Internal Revenue Code.

  • Qualifying Income means gross income that is described in Section 856(c)(3) of the Code.