Quote:
|
Originally Posted by kutulu
Have fun with it. I've never qualified for the EIC so I really don't know much about it.
|
That explains this statement.
Quote:
|
Originally Posted by kutulu
Unless you can cite a sample tax return your 'facts' are meaningless. I understand how deductions and exceptions work but as far as I'm aware you don't get back more than everything you put in over the course of the year (meaning if a person's total tax ends up at $0 and they had $1,000 taken out over the course of the year they aren't getting a check for $2,000. But that's beside the point...
|
Basically, the fact that EIC recipients have continued to exist is what qualifies them for a chunk of everyone else's money.