IRS pays billions in unqualified tax credits - WDRB 41 Louisville News

IRS pays billions in unqualified tax credits

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LOUISVILLE, Ky. (WDRB) - The IRS paid $13 billion in tax credits to people who may not have qualified.

The earned income tax credit allows low-income workers to lower their tax bills and in many cases this means a significant refund check.

But a report released by the Treasury Inspector General found that one quarter of all payments made for the tax credit last year were issued improperly.

A watchdog group says the IRS has made little progress in reducing mistaken payments and must do more to protect taxpayer dollars from waste.

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