Earned Income Tax Credit

GPTKB entity

Properties (56)
Predicate Object
gptkbp:instanceOf tax credit
gptkbp:associated_with higher educational attainment
increased labor force participation
gptkbp:basedOn earned income
gptkbp:benefits millions of taxpayers
working families
gptkbp:claims tax returns
millions of families annually
gptkbp:criticism complexity of eligibility rules
gptkbp:encourages work and reduce poverty
gptkbp:established 1975
gptkbp:evaluates gptkb:IRS_Form_1040
gptkbp:expansion recession periods
gptkbp:hasPrograms encourages work over welfare.
https://www.w3.org/2000/01/rdf-schema#label Earned Income Tax Credit
gptkbp:impact number of qualifying children
gptkbp:is_a income redistribution
gptkbp:is_a_key_component_of U.S._tax_policy
gptkbp:is_a_resource_for low-income workers
gptkbp:is_a_source_of income for low-income families
gptkbp:is_a_subject_of political debate
phase-out limits
audit_by_IRS
gptkbp:is_a_tool_for reducing income inequality
gptkbp:is_available_in inflation
self-employed individuals
non-resident aliens
qualifying children
tax year 2023
childless workers
gptkbp:is_designed_to employment
families with children
low to moderate-income working individuals and families
gptkbp:is_evaluated_by research studies
income and family size
Congress_periodically
gptkbp:is_featured_in welfare
tax reform discussions
gptkbp:is_linked_to child health outcomes
economic mobility
gptkbp:is_part_of the tax code
U.S._tax_relief_strategy
anti-poverty_programs_in_the_U.S.
gptkbp:is_promoted_through various advocacy groups
gptkbp:is_referenced_in tax credit
gptkbp:is_used_in offset payroll taxes
gptkbp:measures economic downturns
gptkbp:operates_in gptkb:Internal_Revenue_Service
gptkbp:previousName EITC
gptkbp:provides financial assistance
gptkbp:reduces tax liability
gptkbp:reportsTo Schedule EIC
gptkbp:requires income level
valid_Social_Security_number
gptkbp:resultedIn a refund
gptkbp:variant filing status