Examlex
Introduction formalities vary widely by culture.
EIC
Earned Income Credit; a refundable tax credit in the U.S. for low to moderate-income working individuals and families, particularly those with children.
Qualifying Children
are dependents who meet certain conditions regarding relationship, age, residency, and support, affecting tax benefits.
AGI
Adjusted Gross Income, which is gross income minus specific deductions, used to calculate an individual's tax liability.
EIC
The Earned Income Credit, a refundable tax credit for low- to moderate-income working individuals and families, particularly those with children.
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