Tax Credits

The earned income tax credit (EITC) is a refundable credit based on taxpayers' earnings and number of children. Because the credit is refundable, taxpayers who qualify for the EITC receive a payment if the credit exceeds the rest of their tax liability.

Use this menu to filter CBO's publications by topic. From January 2011 forward, all the agency's products are categorized by topic. Cost estimates released prior to the 112th Congress are not categorized by topic.