Don’t Leave Free Money on the Table

21 Feb 2026 · 1 min

Watch on YouTube

1:29

In this concise financial advice video, the speaker warns Latino families about missing out on significant tax benefits. He explains that low‑income earners can claim the Earned Income Tax Credit (up to $8,046 for three children, decreasing with fewer children, and up to $649 with no children). He then outlines the Child Tax Credit ($2,200 per child, up to $6,600 for three children) and the Child and Dependent Care Credit (up to $3,000 for one child, $6,000 for two or more). The speaker also reminds viewers of the 2025 standard deduction—$15,750 for single filers and $31,500 for married couples—which automatically reduces taxable income. Emphasizing that many hardworking Latino families overlook these benefits, he urges viewers to ask their tax preparer to claim all applicable credits and deductions, share the information with family, and follow him for more financial tips.

Chapters

Do you know how much money you're leaving on the table when you're preparing your tax return? Now, if you work hard and don't earn a lot, the IRS has credits, not deductions. There's credits now that puts real money back into your pocket. Okay, so listen to this. There's the earned income tax credit. Now that can give you up to $8,046 back this year. That's if you have three kids. And you can, if you got two, you're going to get a little less. You got one, you're going to earn a little less. And even if you have no kids, you can still get up to $649 back. There's also the child tax credit that gives you up to $2,200 per child. Now, if you got three kids, we're talking about $6,600. And if you pay for childcare so you can go to work, the child and dependent care credit can give you up to 3,000 for one child and $6,000 for two or more. That's a lot of money we're talking about. Now here's something that people forget, and that's the standard deduction. Now, we're talking about deductions, not credits. And that amount automatically lowers the income that you get taxed on. So for 2025, if you're single, that's $15,750 off the top. And if you're married, that's another $31,500 that you don't have to do anything special. It's automatically yours. But here's what breaks my heart. Millions of hardworking Latino families leave this money on the table every year because nobody told them the government is not going to knock on your door. You have to claim it. So this tax season, ask your tax preparer, am I claiming all my credits and am I taking my standard deduction? You deserve it. Save this. Share with your familia and follow for more on finances. Concordazon.