|
gptkbp:instanceOf
|
gptkb:tax_law
|
|
gptkbp:administeredBy
|
gptkb:Internal_Revenue_Service
|
|
gptkbp:benefit
|
refundable tax credit
|
|
gptkbp:canResultInRefund
|
yes
|
|
gptkbp:claimedBy
|
gptkb:Form_1040
gptkb:Form_1040-NR
gptkb:Form_1040-SR
|
|
gptkbp:country
|
gptkb:United_States
|
|
gptkbp:dateEnacted
|
1975
|
|
gptkbp:eligibility
|
filing status
earned income
valid Social Security number
number of qualifying children
married filing separately
foreign earned income exclusion claimed
investment income limit
|
|
gptkbp:hasPhaseOut
|
yes
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
EITC
|
|
gptkbp:influencedBy
|
age
disability status
filing status
number of dependents
income level
|
|
gptkbp:maximumLoanAmount
|
varies by year and number of children
|
|
gptkbp:phaseOutBeginsAt
|
varies by year and filing status
|
|
gptkbp:purpose
|
reduce tax burden for low-to-moderate income workers
|
|
gptkbp:relatedTo
|
gptkb:Additional_Child_Tax_Credit
gptkb:Child_Tax_Credit
gptkb:American_Opportunity_Tax_Credit
|
|
gptkbp:standsFor
|
gptkb:Earned_Income_Tax_Credit
|
|
gptkbp:targetAudience
|
low-income families
low-income individuals
|
|
gptkbp:updatedAnnuallyBy
|
gptkb:IRS
|
|
gptkbp:website
|
https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit-eitc
|
|
gptkbp:bfsParent
|
gptkb:Earned_Income_Credit
|
|
gptkbp:bfsLayer
|
6
|