In certain instances it can provide a cash payment to persons who owe no taxes. Before 1995, taxpayers who had lived outside the United States for more than half the tax year were not eligible for the credit. This restriction prevented some military personnel who were stationed overseas from claiming this credit. Under the new rules, for purposes of EIC eligibility, service members stationed overseas are considered to have maintained a U.S. residence. This change is effective for tax year 1995.
More information is available from legal officers and volunteer income tax assistance officers.
Project Handclasp coordinates donations of various products by private citizens throughout the United States for distribution to recipients in other countries. The reorganization of subcommittees we announce today is the product of extensive research and discussion to provide a framework for analysis of our defense needs. It has become obvious that we need to design a subcommittee organization to deal with both the new realities of the post-Cold War world, and to ensure oversight of continuing defense needs. The new subcommittee structure ensures that all issues will be given appropriate emphasis and oversight by the members of the Armed Services Committee. The subcommittee structure will enable the Committee to continue to play a vital role, under the leadership of Chairman Thurmond, in the bipartisan development and oversight of national security policy.