Thousands of low-income Philadelphians could be missing an opportunity this tax filing season.
Philadelphia City Councilman Alan Domb says the Earned Income Tax Credit is one option that many people miss when filing their taxes.
“Last year we left $100 million on the table that could have gone to 40,000 families who could get checks from $2,000 to $6,000 and file back up to three years,” he said.
Domb says the tax credit can dramatically increase people’s refunds.
“If you have one child and are single making $39,000 your maximum benefit could be $3,300 dollars and if you have two children, married at $49,000 or single at $44,000 you could receive a check of up to $5,500 and file back to three years.”
The city has a special website you-earned-it-philly-dot-com to spread information about the credit this tax season.
This year the IRS deadline is April 18, so procrastinators have a few extra days to file.