Advance Earned Income Credit (EIC)

Are you working and want to receive part of your Federal EIC in each paycheck?


	What Is It? The Advance Earned Income Credit (EIC) is a federal tax credit for working families. It allows you to get part of your Federal Earned Income Credit in every paycheck. The payments are tax-free, and your employer is required to participate if you qualify. What do I get? Up to $73 more in each paycheck (if paid bi-weekly), for a total of 1,750 for the year. How long do I get it? The Advance EIC lasts for the whole year, as long as you still qualify. You can apply again at the start of the following year.


	If you receive the Advance EIC, The amount of your EIC payment when you file your tax return will be less. This is because you will have received part of your payment throughout the year. You must file a tax return at the end of the year. On the return you must report how much you received, and you will also be able to claim any additional EIC for which you qualify.

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