Center on Budget and Policy Priorities: Reducing Overpayments in the Earned Income Tax Credit

April 30, 2013

A recent report from the Treasury Department’s Inspector General raised the issue of overpayments in the Earned Income Tax Credit (EITC). The EITC, a tax credit for low- and moderate-income working families that has been shown to increase work, lower welfare receipt, and reduce poverty, has a significant error rate that needs to be reduced.