earned income credit

简明释义

勤劳所得的税收优惠

英英释义

例句

1.To claim the earned income credit 所得收入抵免, you must meet certain income and filing requirements.

要申请所得收入抵免，您必须满足特定的收入和申报要求。

2.If you have children, the earned income credit 所得收入抵免 may be even larger for you.

如果您有孩子，您的所得收入抵免可能会更大。

3.The government encourages work by providing the earned income credit 所得收入抵免 to eligible workers.

政府通过向符合条件的工人提供所得收入抵免来鼓励工作。

4.The earned income credit 所得收入抵免 can significantly increase your tax refund if you qualify.

如果您符合条件，所得收入抵免可以显著增加您的税款退款。

5.Many low-income families benefit from the earned income credit 所得收入抵免 when filing their taxes.

许多低收入家庭在报税时受益于所得收入抵免。

作文

The concept of earned income credit is a vital aspect of the tax system designed to assist low to moderate-income working individuals and families. This tax credit is particularly significant because it not only helps to reduce the amount of tax owed but can also result in a refund if the credit exceeds the taxes due. Understanding the earned income credit can empower individuals to take advantage of this financial benefit, ultimately improving their economic situation.To qualify for the earned income credit, taxpayers must meet certain criteria, including having earned income from employment or self-employment, meeting specific income thresholds, and having a valid Social Security number. Additionally, the credit amount varies based on the number of qualifying children in the household. For those without children, the credit is significantly lower, which highlights the importance of family structure in determining eligibility and the amount of the credit.One of the most beneficial aspects of the earned income credit is its ability to lift families above the poverty line. Research has shown that the credit has a direct positive impact on reducing poverty rates among working families. By providing additional financial resources, the earned income credit enables families to cover essential expenses such as housing, food, and healthcare. This financial relief can lead to improved health outcomes and educational opportunities for children, creating a ripple effect that benefits future generations.Moreover, the earned income credit encourages workforce participation. Because the credit is designed for those who are actively employed, it incentivizes individuals to seek work rather than rely on government assistance. This connection between work and financial support fosters a sense of independence and self-sufficiency, which is crucial for personal and community growth.Despite its benefits, there are challenges associated with the earned income credit. Many eligible individuals fail to claim the credit due to lack of awareness or misconceptions about their eligibility. This underutilization means that billions of dollars in potential refunds go unclaimed each year. Therefore, it is essential for community organizations, tax professionals, and government agencies to provide clear information and assistance to ensure that eligible families receive the financial support they deserve.In conclusion, the earned income credit is a powerful tool for enhancing the financial stability of low to moderate-income families. Its design not only reduces tax liabilities but also promotes work and provides a safety net for those striving to improve their economic circumstances. As we continue to navigate the complexities of the tax system, it is imperative that we raise awareness about the earned income credit and advocate for policies that ensure all eligible individuals can benefit from this crucial resource. By doing so, we can help create a more equitable society where everyone has the opportunity to thrive.

“劳动收入抵免”这一概念是税制的一个重要方面，旨在帮助低收入和中等收入的工作个人及家庭。这个税收抵免尤其重要，因为它不仅有助于减少应缴税款，而且如果抵免额超过应缴税款，可能还会导致退款。理解“劳动收入抵免”可以使个人能够利用这一经济利益，最终改善他们的经济状况。要获得“劳动收入抵免”，纳税人必须满足某些标准，包括拥有来自雇佣或自雇的劳动收入、符合特定收入阈值，并拥有有效的社会安全号码。此外，抵免金额根据家庭中合格子女的数量而有所不同。对于没有子女的家庭，抵免显著较低，这突显了家庭结构在确定资格和抵免金额中的重要性。“劳动收入抵免”的一个最有利的方面是它能够将家庭提升到贫困线之上。研究表明，这一抵免对降低工作家庭的贫困率有直接的积极影响。通过提供额外的经济资源，“劳动收入抵免”使家庭能够支付基本开支，如住房、食品和医疗保健。这种经济减轻可以改善健康结果和儿童教育机会，从而产生波及效应，造福未来几代人。此外，“劳动收入抵免”还鼓励劳动力参与。由于该抵免是为那些积极就业的人设计的，它激励个人寻求工作，而不是依赖政府援助。这种工作与经济支持之间的联系促进了独立和自给自足感，这对个人和社区的成长至关重要。尽管有其好处，但“劳动收入抵免”也面临挑战。许多符合条件的个人由于缺乏意识或对自己资格的误解而未能申请这一抵免。这种未利用意味着每年有数十亿美元的潜在退款未被索取。因此，社区组织、税务专业人士和政府机构提供清晰的信息和帮助至关重要，以确保符合条件的家庭获得他们应得的经济支持。总之，“劳动收入抵免”是增强低收入和中等收入家庭财务稳定性的强大工具。它的设计不仅减少了税收负担，还促进了工作，并为那些努力改善经济状况的人提供了安全网。在我们继续应对税制复杂性时，提高对“劳动收入抵免”的认识并倡导确保所有符合条件的个人都能受益于这一关键资源的政策是至关重要的。通过这样做，我们可以帮助创造一个更公平的社会，让每个人都有机会蓬勃发展。