Description:
Average amount received by families claiming the federal Earned Income Tax Credit, in constant dollars.
Source:
Urban Institute and Brookings Institution, Tax Policy Center. Data for years 1975 through 1996 come from Gene Falk and Margot Crandall-Hollick, "The Earned Income Tax Credit (EITC): An Overview" (Congressional Research Service, 2016).
Methodological Notes:
The Earned Income Tax Credit (EITC) is a refundable federal income tax credit for low to moderate income working individuals and families. More information about the EITC is available from the Internal Revenue Service.
Data are adjusted for inflation by the Stanford Center on Poverty and Inequality using the Consumer Price Index for All Urban Consumers Research Series (CPI-U-RS).