Nearly 1 in 5 eligible taxpayers miss the earned income tax credit, which was worth an average of $2,743 in 2023, according to the IRS.
The earned income tax credit (EITC) is a federal tax break ... The U.S. includes the 50 states, the District of Columbia, and U.S. military bases. The United States territories are not included ...
In Kentucky, more than 352,000 workers and families received about $967 million total in EITC for tax year 2023.