The Limited Times

Now you can see non-English news...

The IRS sent millions in child checks to the wrong households, leaving many without benefits. But there is a solution

2022-09-27T19:41:13.565Z


Families who received the money in error will have to pay it back. And the agency has a way to deliver this assistance to the four million households that suffered from its ruling.


The Internal Revenue Service (IRS, for its acronym in English) got the wrong homes by sending more than 1,100 million dollars in aid per child during the coronavirus pandemic, and at the same time deprived of this assistance to families who could have received it. received for more than 3,700 million dollars, according to an internal report to which The Wall Street Journal had access.

In total, some 4.1 million households were left without help from the federal government.

But that represents only 2% of the more than 175 million checks that he sent, since 98% did reach their destination, according to the audit of the inspector general of the Treasury for the administration of taxes.

In March 2020, following the approval of the pandemic stimulus plan, Congress increased the child tax credit, which already existed and was about $2,000, to $3,000, adding $600 for children under the age of 6 to fiscal year 2021.

[If you filed taxes in these 17 states, you could receive an inflation relief check.

Know here the requirements]

The first half of that credit was delivered to families through monthly checks that began in July and ran through December.

The second half will come when people file their 2021 tax returns.

Democrats failed to extend the benefit, which has lifted millions of children out of poverty, according to independent studies, due to opposition from the Republican Party.

Stores advance Christmas offers and alerts are turned on before a possible recession

Sept.

26, 202203:56

Among the errors detected by the audit, families received the check even though their children were over the age limit, and checks were issued twice for the same minor.

The IRS explained that some of these errors were due to a problem in their computer systems that they corrected in 2021.

Families who received the money in error have been required to pay it back when they file their tax returns for the 2021 tax year.

[When and how much will Social Security checks go up?

Raise coming soon]

Likewise, those who were eligible for the benefit and did not obtain it may request that it be conferred on their 2021 tax return. Some of them are people who identified themselves with their taxpayer number because they do not have a social security number, the case of many undocumented migrants, who were also eligible.

The IRS authorities highlighted in their report that they were successful in sending the aid in 98% of the cases and applauded the successful campaign to inform the public about the benefit.

Source: telemundo

All news articles on 2022-09-27

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.