Um, yeah. No need for the "systemic racism" narrative.Most IRS audits are a letter about something the computer didn't like and are resolved either by paying the new numbers the IRS gives or amending your return to fix the actual error.
Fraud | Earned Income Tax Credit
IRS estimates that around 33 percent of EITC claims are paid in error. Some of the errors are unintentional caused by the complexity of the law, but some of the claims are intentional disregard of the law. Here are the questions preparers frequently ask concerning fraud.
www.eitc.irs.gov
IRS estimates that between 21 percent to 26 percent of EITC claims are paid in error. Some of the errors are unintentional caused by the complexity of the law, but some of the claims are intentional disregard of the law. Here are the questions preparers frequently ask concerning fraud.
If the review shows questionable or incomplete information, the IRS holds the EITC portion of the taxpayer's refund and contacts the taxpayer to verify the information. IRS releases the EITC amount after the claim is verified.