Reports by John Wancheck

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  • Earned Income Tax Credit Overpayment and Error Issues
    Robert Greenstein and John Wancheck
    Updated April 19, 2011

    The federal Earned Income Tax Credit, a tax credit for low- and moderate-income working families, has been widely hailed for its success in increasing work and lowering welfare receipt, reducing poverty, and making the tax code fairer. (See the box below.) Census data indicate that the credit lifted 6.6 million individuals out of poverty in 2009, including more than 3 million children. The EITC lifts more children out of poverty than any other program.

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