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What the heck is this EIC I keep seeing??

Am I the only one? What is up with this? Please explain it!!

Answer Question
 
RutterMama

Asked by RutterMama at 7:55 PM on Jan. 4, 2010 in Just for Fun

Level 12 (896 Credits)
Answers (6)
  • You see it on the site?

    If so, I don't see it since I have an adblocker..
    Anonymous

    Answer by Anonymous at 7:56 PM on Jan. 4, 2010

  • Earned income credit?
    TMJ121099

    Answer by TMJ121099 at 7:59 PM on Jan. 4, 2010

  • It's a tax thing. Some people qualify to receive extra money from it and others don't. I'm not too sure about the qualifications, whether it has to do with income amount or not.
    caitxrawks

    Answer by caitxrawks at 8:01 PM on Jan. 4, 2010

  • Anonymous

    Answer by Anonymous at 8:05 PM on Jan. 4, 2010

  • Yeah the EIC is based on annual income. You have to be below $40,000 a year if you're single I believe and I don't remember what the limit is if you're married. All I know is that I qualify.
    bjw_053109

    Answer by bjw_053109 at 8:40 PM on Jan. 4, 2010

  • HA! Wish those of us hard working - middle class - Americans applied for free government money. My husband is laid off & we STILL don't qualify for crap! Pretty screwed up system if you ask me.
    RutterMama

    Answer by RutterMama at 10:32 PM on Jan. 4, 2010

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