Advanced Earned Income Credit

About Advanced Earned Income Credit:

advance payment of the refundable earned income tax credit by an employer before the eligible taxpayer files his or her return to claim the credit. Any difference between the advance payment and the actual credit will result in a refund to the taxpayer or the tax due to the U.S. Internal Revenue Service. Former IRC (check if this IRC provision is current here) §32(g).

See State Income Tax in the American Encyclopedia of Law.