Many taxpayers and even
some experienced practitioners are confused by the reference
to the Earned Income Tax Credit in some documents as
“Earned Income Tax Credit” (“EITC”)
and the use in other documents of the term “Earned
Income Credit” (“EIC”).
Proposal:
The Committee recommended
that the EITC program work with other IRS organizations
to agree upon and implement consistent use of either
“Earned Income Tax Credit” (“EITC”)
or “Earned Income Credit” (“EIC”).
Response Notes:
The EITC Director reported that the
proposal was forwarded to the appropriate staff for
consideration.
EITC Director advised Committee that the recommendation
was not politically feasible.