2-009.02B Earned Income Credit (EIC)

Some low income wage earners are eligible for a tax credit which may be paid in one of two forms:

1. Advanced Earned Income Credit (AEIC) - a periodic credit paid with the employee's wages; or
2. Earned Income Credit (EIC) - an amount included with a federal income tax return. The letters "EIC" are printed on the tax refund check.

Both EIC's and AEIC's are disregarded as income and a resource.

(12/27/97)