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To: MtnClimber
"Over half of these correspondence audits were targeted at the small proportion of workers with incomes so low they had claimed an anti-poverty earned tax credit to offset the tax otherwise due on their modest earned income. To repeat: over half – fully 54 percent – of all correspondence audits last year targeted the small proportion of returns with gross receipts of less than $25,000 claiming an earned income tax credit."

Good for the IRS. EITC is a scam.

7 posted on 03/10/2022 4:05:34 AM PST by central_va (I won't be reconstructed and I do not give a damn...)
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To: central_va

Yes. This. So we need to be upset that the IRS is auditing by mail millions of people that are being paid back EXTRA, beyond their withheld tax amounts?

No chance of fraud there, right? No point in making at least an effort to get the fraudsters to corroborate their filing. No possible sentinel effect to reduce fraud. Right.

What planet do these headline writers live on?


27 posted on 03/10/2022 6:20:18 AM PST by Strident (< null >)
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