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Her organization encourages residents to take advantage of the Earned Income Tax Credit, which is underutilized in big cities like Philadelphia. On average, about 50,000 taxpayers don’t claim it which ...
PHILADELPHIA (KYW Newsradio) — Each year, millions of Americans fail to collect money they have coming to them through the Earned Income Tax Credit (EITC). In Philadelphia alone, about 50,000 ...
The earned income tax credit, or EITC, is worth up to $7,830 for eligible families with three or more children for 2024. Meanwhile, the additional child tax credit, or ACTC, is up to $1,700 for 2024.
Taxpayers are also limited to how much investment income they can have in order to qualify for the earned income tax credit. In 2025, that threshold will go to $11,950, up from $11,600 in 2024.
Proposed "earned income tax" receives backlash from Upper Darby residents 02:33 UPPER DARBY, Pa. (CBS) -- A controversial 1% earned income tax vote by Upper Darby Township Council has been delayed.