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The IRS Made a Mistake, Sent $1B To The Wrong People (it wasn’t me…)

&NewLine;<p>WND News&nbsp&semi;<a href&equals;"https&colon;&sol;&sol;www&period;wnd&period;com&sol;2022&sol;09&sol;irs-sends-1-billion-wrong-people&sol;">reported<&sol;a>&nbsp&semi;that the Internal Revenue Service &lpar;IRS&rpar; sent over &dollar;1&period;1 billion in child tax credits to the incorrect recipients in 2021 during the pandemic&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>An audit by the Department of the Treasury’s Inspector General &lpar;IG&rpar; for Tax Administration showed that the IRS sent payments to about 1&period;5 million people between July and November 2021 by mistake&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<h2 class&equals;"wp-block-heading" id&equals;"h-what-really-happened">What Really Happened&quest;<&sol;h2>&NewLine;&NewLine;&NewLine;&NewLine;<p>According to the IRS&comma; the errors were due to a problem in their computer systems that they corrected in 2021&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>The audit states this is what the IRS did&colon;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<ul class&equals;"wp-block-list"><li>Failed to send &dollar;3&period;7 billion to eligible households<&sol;li><li>Sent 1&period;5 million taxpayer&&num;8217&semi;s payments in error&comma; some received 2 checks for 1 child<&sol;li><li>Did not send payments to 4&period;1 million eligible households<&sol;li><li>Incorrectly sent 6&comma;829 reconciliation letters to taxpayers who got the credit<&sol;li><li>Incorrectly changed 1&comma;610 taxpayers’ bank account information used to receive direct deposits of the credit<&sol;li><&sol;ul>&NewLine;&NewLine;&NewLine;&NewLine;<p>The IRS agency was&comma; however&comma; 98&percnt; accurate in sending more than 175 million child tax credit payments&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>The incorrect payments were&nbsp&semi;<a href&equals;"https&colon;&sol;&sol;www&period;dailymail&period;co&period;uk&sol;news&sol;article-11255807&sol;IRS-sent-1-1BN-tax-credits-1-5m-people-SHOULDNT-received-them&period;html">made<&sol;a>&nbsp&semi;to taxpayers whose dependent children&comma; required to claim the credit&comma; did not meet the age requirements &lpar;under 18 years old&rpar;&comma; were claimed on another filer’s return&comma; or were deceased&period; These incorrect payments made up a small portion of the 178&period;9 million child tax payments made during the period&comma; totaling over &dollar;76 billion&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>You can read the official report&nbsp&semi;<a target&equals;"&lowbar;blank" href&equals;"https&colon;&sol;&sol;www&period;treasury&period;gov&sol;tigta&sol;auditreports&sol;2022reports&sol;202247070fr&period;pdf" rel&equals;"noreferrer noopener">here<&sol;a>&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>In 2021&comma; the mistake by the IRS was reported to the public&period; The video below states that around 13&comma;000 checks were sent to the wrong bank account&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<figure class&equals;"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class&equals;"wp-block-embed&lowbar;&lowbar;wrapper">&NewLine;<amp-youtube layout&equals;"responsive" width&equals;"1080" height&equals;"608" data-videoid&equals;"ZqmDB8MVv0Y" title&equals;"IRS Sends Stimulus Payments To &&num;039&semi;Wrong Bank Accounts&&num;039&semi; Affecting Estimated 13M Tax Service Customers"><a placeholder href&equals;"https&colon;&sol;&sol;www&period;youtube&period;com&sol;watch&quest;v&equals;ZqmDB8MVv0Y"><img src&equals;"https&colon;&sol;&sol;i&period;ytimg&period;com&sol;vi&sol;ZqmDB8MVv0Y&sol;hqdefault&period;jpg" layout&equals;"fill" object-fit&equals;"cover" alt&equals;"IRS Sends Stimulus Payments To &&num;039&semi;Wrong Bank Accounts&&num;039&semi; Affecting Estimated 13M Tax Service Customers"><&sol;a><&sol;amp-youtube>&NewLine;<&sol;div><&sol;figure>&NewLine;&NewLine;&NewLine;&NewLine;<h2 class&equals;"wp-block-heading">Taxpayers Must Pay It Back<&sol;h2>&NewLine;&NewLine;&NewLine;&NewLine;<p>As stated by the IRS&comma; families who received the money in error must pay it back when they file their tax returns for the 2021 tax year&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Families eligible for the benefit but did not receive the child tax credit payment may request it be granted in the 2021 tax return&period; Some of these cases are taxpayers who used a taxpayer number rather than a social security number to identify themselves&comma; which is the case of many undocumented migrants who were also eligible&period;<&sol;p>&NewLine;

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