The Earned Income Tax Credit (EITC) is a system designed to support the living stability of low-income households with earned income and to encourage work incentives.

Households that have completed the application for the first half of the year will have their eligibility and payment amounts finalized after undergoing income and asset screening by the National Tax Service (NTS). According to NTS data, single-person households accounted for the highest proportion among eligible households, with a significant share of elderly recipients as well. This suggests that the EITC is practically fulfilling its role as an income supplement for vulnerable populations.

How to Check Eligibility and Screening Results

Eligibility and screening results can be verified through Hometax and Sontax. Using the mobile apps, applicants can review their application details, screening progress, and payment outcomes. Those who have received a notification letter can more easily access relevant information.

Warning Against Phishing and Financial Fraud

The NTS urged the public to exercise extra caution, noting that recent cases of text message and phone-based financial fraud impersonating the EITC have been reported. The NTS emphasized that it never asks for account passwords or financial information, and advised the public to avoid accessing internet addresses (URLs) from unknown sources.

Possible Differences Between Estimated and Actual Payment Amounts

Since the credit is calculated by comprehensively reflecting income criteria and asset requirements by household type, discrepancies may arise between the estimated amount at the time of application and the actual payment. If changes in income or assets are identified during the screening process, the payment amount may be adjusted or the household may be excluded from eligibility.

The NTS stated that it will proceed with the payment process as soon as the screening is completed, and advised eligible households to regularly check the payment schedule through Hometax and Sontax.

The EITC is applied for and disbursed annually, with the scale of support determined based on household income and asset status. Amid growing inflationary pressures, the EITC is expected to play a supplementary income role for working-class households.

[This article was assisted by AI. The information provided is for general guidance only, and final judgments and decisions should be made at the individual's own discretion and with careful consideration. For important matters, it is strongly recommended to seek professional advice before making a decision. This publication assumes no responsibility.]