Let’s be real — tax season is stressful. But for a lot of families in Philly, it’s more than just paperwork. It’s a chance to get some real money back through the Child Tax Credit (CTC) and Earned Income Tax Credit (EITC). And that money? It can make a huge difference when you’re trying to stay afloat.
Here’s What’s Happening (And Why You Should Care)
Every single year, tons of people miss out on tax credits they could’ve claimed. We’re talking about 50,000 families in Philly alone who don’t even realize they’re eligible. That’s around $100 million left sitting on the table. Seriously.
Some folks just don’t know about it. Others don’t want to pay sketchy tax prep fees. Some face language barriers. It’s a mix of reasons — but the end result is the same. Money that could help? Gone.
Good News — Philly’s Got Your Back
City leaders, like Mayor Parker and Councilmember Rue Landau, aren’t sitting this one out. They’re pushing hard to get the Child Tax Credit expanded again.
And right here in Philly, there’s a team called ClaimYourMoneyPHL working with community groups. They’re hosting events, hitting neighborhoods, and making sure people know this cash is theirs for the claiming.
And Yeah, It’s Actually Working
This isn’t one of those “nice idea, no results” deals. Last year, they helped over 80,000 people. Families got their taxes done — for free — and brought back close to $19 million into the community.
Real People, Real Impact
One Philly mom said it straight up changed things for her family. That refund helped them catch up on bills and even dream a little bigger. For some, this isn’t just extra money — it’s the lifeline that keeps the lights on.
But Heads Up — This Could Change
The expanded credit that helped so many families? Congress let it expire after 2021. And now, they might cut it back even more. That’s why Philly’s leaders and community groups are pushing hard to spread the word — before it’s too late.
Bottom Line? Don’t Sleep on This
If you’re a working family in Philly, check if you qualify. This money’s meant for you. And with prices the way they are right now, who wouldn’t want a little extra in their pocket?