Question

What is the earned income credit (EIC)?

А. a nonrefundable tax credit designed for those who pay for dependent care while at work
B.a refundable tax credit designed for those who pay for dependent care while at work
C. a nonrefundable tax credit designed for those with low to moderate income from working
D. a refundable tax credit designed for those with low to moderate income from working​

Answer 1

D

Explanation:

The United States federal earned income tax credit or earned income credit is a refundable tax credit for low- to moderate-income working individuals and couples, particularly those with children.