EITC in the 12th District
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Within the Federal Reserve's 12th District, over 4 million families and individuals received the Earned Income Tax Credit (EITC) for tax year 2007, totaling over $8 billion in credits. In this Research Brief, we examine trends in EITC usage across the 12th District, and look at how the EITC and tax time provide a unique opportunity to link lower-income households to financial services and other asset building.
Author: Matthew Soursourian
Date of Publication: May 2011
Last Updated: May 2011