As the regular application period for the Earned Income Tax Credit (EITC) comes to a close, applicants' attention is shifting to the payment schedule, expected receipt amounts, and the screening process. Based on the submitted applications, the National Tax Service (NTS) will comprehensively review income, assets, and household type before determining eligibility and the final payment amount. As a representative income support system designed to assist low-income workers, self-employed individuals, and certain religious workers, there are still several important factors to keep in mind even after the application deadline.

The following is a core checklist that applicants must verify after completing their applications:

• Screening Progress and Potential Changes in Payment Amounts: Even if an application is successfully received, the final payment amount may change during the NTS screening process as income and asset data are further verified. The EITC does not solely consider income; it also takes into account household composition and the total value of assets. If assets exceed a certain threshold, the credit amount may be reduced, or the applicant may be excluded from receiving it entirely. • Household Type and Information Changes: Different income thresholds and maximum payment amounts apply to single-person households, single-earner households, and dual-earner households. If household member information is modified or factual discrepancies are discovered during the screening process, the payment amount will be adjusted accordingly. • Contact Information and Bank Account Details: The NTS will notify applicants if additional documentation or fact-checking is required. Failure to receive these notices due to incorrect contact information can delay the screening process. Typographical errors in bank account numbers or issues with the account's status can also lead to delayed payments, so it is crucial to double-check application details via systems like Hometax. • Settlement for Advance Applicants: Those who received an advance payment based on their income from the first or second half of the year may be subject to an additional payout or a refund collection during the following year's settlement. Consequently, the final amount received may differ from the initial advance payment.

Once the NTS confirms the eligible recipients and payment amounts through its screening process, it will execute the payments sequentially. Applicants can check the status of their screening and the payment results through Hometax, Sonotax, and the Automated Response System (ARS).

Experts advise, "Just because the EITC application is complete does not mean all procedures are finished. It is necessary to double-check any changes in assets, household information, and bank account details." They also emphasized that phishing text messages or phone calls impersonating the NTS tend to increase during this time, urging the public to be particularly cautious of requests for personal information or unverified internet links. Because the EITC is a system aimed at stabilizing the livelihood and boosting the work incentive of low-income households, it is important to carefully review the screening results and official guidelines until the payment is finally disbursed.

[※ This article is provided for informational purposes to promote a general understanding of the Earned Income Tax Credit system. Actual eligibility and payment amounts may vary depending on the results of the National Tax Service's screening. For detailed information, please refer to Hometax and official NTS announcements. Legal and financial responsibilities rest with the individual user.]