Nearly 1 in 5 eligible filers miss this 'valuable' tax credit, IRS says — how it can boost refunds

Nearly 1 in 5 eligible taxpayers miss the earned income tax credit, which is worth thousands of dollars, according to the IRS. Here's what to know.

Why This Matters

A significant number of eligible taxpayers are missing out on a valuable tax credit, highlighting the need for awareness and education on tax benefits. The earned income tax credit can provide thousands of dollars in refunds, making it a crucial consideration for filers. This oversight has implications for individuals and families who rely on these credits to alleviate financial burdens.

In Week 9 2026, General accounted for 147 related article(s), with UK Politics setting the broader headline context. Coverage of Other decreased by 35 article(s) versus the prior week, but remained material in the weekly agenda.

Coverage Snapshot

Week 9 2026 included 147 Other article(s). Leading outlets for this topic included NY Times, Independent, BBC. Across that cluster, sentiment showed a mostly neutral skew (avg score 0.01).

Key Insights

Primary keywords: nearly, eligible, miss, credit, taxpayers.
Topic focus: Other coverage with positive sentiment.
Source context: reported by CNBC.
Published: 2026-02-27.
Published by CNBC, contributing a distinct source perspective.
Date context: published during Week 9 2026, when UK Politics dominated weekly headlines.

Tone & Sentiment

The article tone is classified as positive, driven by the language and emphasis in the summary. The sentiment score of 0.05 indicates the strength of that tone.

Context

The issue of underclaimed tax credits has been a recurring theme in recent years, with various outlets highlighting the importance of tax literacy and the need for the IRS to improve communication about available benefits. Media coverage has emphasized the potential for significant refunds and the importance of claiming credits like the earned income tax credit. However, the complexity of tax laws and the lack of awareness among some filers continue to be major obstacles.

Related Topics

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Key Takeaway

In short, this article underscores key movement in Other and explains why it matters now.

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CNBC Nearly 1 in 5 eligible filers miss this 'valuable' tax credit, IRS says — how it can boost refunds