QUESTION 8 Which of the following accurately describes the Earned Income Tax Credit (EITC)? O a. Nonrefudable, reducing taxes due but not creating a refund O b. Only applies to tax payers with children under age 17 O c. Refundable, potentially creating a tax refund if the credit exceeds the amount of tax owed O d. Is available to all tax payers regardless of AGI

Which of the following accurately describes the Earned Income Tax Credit (EITC)? a. Nonrefudable, reducing taxes due but not creating a refund b. Only applies to tax payers with children under age 17 c. Refundable, potentially creating a tax refund if the credit exceeds the amount of tax owed d. Is available to all tax payers regardless of AGI