Is Advanced earned income extra pay by the employer?

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1273497

2026-03-14 21:35

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It is an extra amount that you will receive in each pay check during the year.

And advance means you are receiving some of the EIC amount before the end of the year so when you file your income tax after the end of the year your EIC amount will be reduced on your income tax return when it is completed by the amount that you received during the previous year as an advance payment.

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