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

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.
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.
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.
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.
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
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.
The Earned Income Tax Credit (EITC) of $7,830: Is it possible to achieve that amount?
U.S. citizens should be aware of the potential financial boost from the IRS's Earned Income Tax Credit (EITC). This credit offers a valuable opportunity to ease financial burdens and simplify tax obligations.
$7,830 IRS credit: What to know about qualifying for the Earned Income Tax Credit
The federal Earned Income Tax Credit is designed for low to moderate-income wage earners and is fully refundable, meaning even those who do not earn enough money to have taxes withheld are eligible. The Internal Revenue Service is reminding tax filers about a key credit worth up to $7,830.
Child Tax Credit: What to Expect When Your Child Ages Out
The Child Tax Credit (CTC) has been a staple in American families, helping them finance the expenses of having a child. But what happens when your child finally reaches the doors of adulthood? As your child grows older,
MN's Child Tax Credit has a new twist in year two
Poverty-fighting groups in Minnesota are joining the wave of officials reminding low-income households to take advantage of the state's Child Tax Credit, now in its second year, adding a new feature could provide additional flexibility.
When is my tax refund coming in 2025? Some will take longer
The IRS expects more than 140 million individual tax returns for tax year 2024 to be filed ahead of the federal deadline. The ...
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 ...
IRS’ Direct File Makes It Easier For Families To Claim Tax Credits
Most people who are eligible for tax credits claim them. Direct File—the IRS’s online tool for filing tax returns—could get ...
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Worker credits to increase in 2025: IRS
The IRS is set to increase the Earned Income Tax Credit (EITC) for the 2025 tax year, offering enhanced financial support to ...