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All of the following statements correctly pertain to the advance payment of the earned income...

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Accounting

All of the following statements correctly pertain to the advance payment of the earned income credit (EIC) except: Choose one answer. a. The EIC reduces federal income taxes mostly for workers who have dependent children and maintain a household. b. The maximum amount of the EIC is adjusted annually for inflation. c. Eligible employees who want to receive advance EIC payments must file Form W-5 with their employer. d. If employees do not choose to get advance EIC payments, they lose the benefit of the EIC when they file their personal income tax returns. e. All of the above statements are correct

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