Ohio Earned Income Credit Worksheet. The United States federal earned income tax credit or earned income credit (EITC or EIC) is a refundable tax credit for low- to moderate-income working individuals and couples, particularly those with children. This lesson covers the earned income credit (EIC).
Worksheet A usually or Worksheet B if your filing a Sched C or C-EZ. If you need assistance, you can use the. If the earned income tax credit exceeds your Maryland tax liability, you may be entitled to a refund.
The Earned Income Tax Credit (EITC): How It Works and Who Receives It.
Refundable tax credit for low-to moderate-income working individuals and couples, particularly those with children.
The credit is meant for low- to moderate-income working individuals and couples, particularly those with children. The earned income tax credit could not only wipe out your tax bill, but also produce a refund. However this may mean that you have to redo your Foreign Tax Credit form.