Question:

What is EITC ADVANCE when you're filling out an application.,,,,??

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What is EITC ADVANCE when you're filling out an employment verification sheet?

What does it mean, I would appreciate some answers please. Thank you.

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2 ANSWERS


  1. Tom got it right on.  I would just add, that if you claim the AEITC, you will need to report that on your tax return.


  2. "The advance EITC allows taxpayers who expect to qualify for the Earned Income Tax Credit (EITC) and have at least one qualifying child to receive part of the credit in each paycheck during the year the taxpayer qualifies for the credit. The credit is sometimes called the AEITC."

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