Employers can help many of their employees get extra money in their take-home pay with a tax benefit called the advance earned income tax credit (Advance EITC).

Advance EITC allows employers to add a portion of their employees' earned income tax credit (EITC) directly to their paychecks. It could mean up to $1,412 throughout the year 2000 for qualifying employees.

To get the Advance EITC, employees must expect to earn less than $27,413 in the year 2000, expect to have at least one qualifying child, and expect to be eligible to claim the credit. An employee must complete Form W-5, "Earned Income Credit Advance Payment Certificate," and give it to his/her employer. See Publication 15, Employer's Tax Guide (Circular E), for more information.

To order a free copy of the form and publication, call the IRS at 1-800-829-3676.

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