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 ...

In Philadelphia, about 200,000 low-income residents are eligible for the EITC, but the city estimates 20 percent of them didn’t claim the tax credit last year.

The city of Philadelphia is sending out a message far and wide about the Earned Income Tax Credit. The credit is designed to encourage low-income workers to stay in the job market by allowing them to ...

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.