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

WASHINGTON, DC - APRIL 15: The Internal Revenue Service (IRS) building stands on April 15, 2019 in Washington, DC. April 15 is the deadline in the United States for residents to file their income tax returns. (Photo by Zach Gibson/Getty Images)

At a glance

  • 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.

 

 

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