A tax credit worth up to $7,830 often goes unclaimed

Many don't know they can claim valuable tax credit worth up to $7,830 for some families
The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out on claiming the credit.
The Tax Credit Worth $7,830 That Often Goes Unclaimed
The Earned Income Tax Credit (EITC) is a federal tax incentive aimed at supporting low-to-moderate-income workers.
1 in 5 people are missing out on Earned Income Tax Credit worth $7,830; here’s what to know
If you are a low- or middle-income earner, you may be eligible for hundreds or even thousands of dollars in your 2024 tax refund through the Earned Income Tax Credit (EITC). However, roughly one in five eligible taxpayers miss out on claiming the credit because they don’t know they’re eligible, according to IRS.
This tax credit is worth up to $7,830 for some, but many don't claim it. Here's how to
Many people don't know they may qualify for the earned income tax credit and get up to $7,830 for some families. Here's how to claim it on taxes.
Around 50,000 Philadelphians miss out on the Earned Income Tax Credit despite being eligible. Officials want to change that
Around 50,000 Philadelphians miss out on the earned income tax credit each year, leaving some $100 million on the table, according to some estimates. Officials in the city are publicizing the credit this tax season in hopes more people file for it.
IRS launches awareness day on 50th anniversary of Earned Income Tax Credit
WASHINGTON — The Internal Revenue Service and partners around the nation today celebrated the 50th anniversary of the Earned Income Tax Credit (EITC) with the launch of this year’s EITC Awareness Day campaign.
Lower earners can see ‘five-figure refunds' from these tax credits, expert says. Here's who qualifies
The earned income tax credit and additional child tax credit are “refundable,” meaning filers can claim a refund without tax liability. Here’s who qualifies.
1 in 5 taxpayers are missing out on thousands with this tax credit
The IRS estimates one in five eligible taxpayers don’t claim the earned income tax credit on their tax returns, missing out on thousands of dollars.
EITC Payment 2025: Who is eligible to claim the Earned Income Tax Credit?
The Earned Income Tax Credit is a federal tax benefit for workers with low or moderate incomes, regardless of whether they have children. Also known as the Earned Income Credit, th
Do I qualify for the Earned Income Tax Credit?
To qualify for the EITC, you must have under $11,600 in investment income and earn less than a specific income level from wor
A tax credit worth up to $7,830 often goes unclaimed: See who qualifies for the EITC
The Earned Income Tax Credit (EITC) was signed into law and is designed to “lift many financially challenged families out of poverty,” according to the IRS. Depending on the number of dependents one has,
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How much is the earned income tax credit and do you qualify?
The earned income tax credit, or EITC, is a tax break that can enable low- to moderate-income working families save thousands at tax time. Whether you can claim, however, depends on your ...
Tax deductions and credits may boost your refund. Which ones are available to new filers?
If you’re not sure which ones you may qualify for, here are some common deductions and credits new tax return filers can take.
IRS warns: Don’t overlook these tax credits. You could get up to $7K more in your refund
About one in five eligible filers overlook this credit, the IRS said. Certain filers can receive up to $7,830 more back in ...