Glossary

A glossary is a dictionary of terms specific to a certain subject. A biology textbook might have a glossary in the back, so you can quickly look up all those technical words.

Earned income credit

Updated on 2023-08-29T11:54:20.110781Z

Earned income credit (or EIC) is defined as a refundable tax credit made by the government (USA) to low-to-moderate-income earning individuals and couples, particularly with offspring. The amount of tax credit usually varies as per the income of an individual and upon the number of dependable on a person.