New Survey Finds Limited Awareness of Tax Credits

A recent national survey conducted for United Way WorldWide found that a substantial proportion of the survey’s respondents (working families earning less than $62,000 per year) did not know about tax credits for which they might be eligible. Only 40 percent of respondents knew about the Child Tax Credit and fewer than 60 percent were familiar with the Earned Income Tax Credit. The survey also found that a majority (72 percent) of working Americans are unaware that they qualify for free tax prep services. For more details and an overview of the survey’s methodology click here.