IRS Sent $1.1B In Child Tax Credits To Wrong People: Audit

  • An audit by the Department of Treasury’s Inspector General found that the IRS sent more than $1.1 billion in child tax credit payments to the wrong people during the pandemic.
  • Those payments went to 1.5 million people between July and November of 2021, the audit reported.
  • The IG also said that 4.1 million taxpayers did not receive payments they should have received – a total of $3.7 billion withheld.



Click to read full article

Sign Up for Our Newsletter

Join our list!

Sign up here to get our daily newsletter with the top trending headlines.