>>17503951 (PB)

From the OIG report for 2021:

Earned Income Tax Credit (EITC) – IRS estimates 28 percent '''($19.0 billion) of the total

EITC payments of $68.3 billion in FY 2021 were improper'''.

Additional Child Tax Credit (ACTC) – IRS estimates 13 percent ($5.2 billion) of the total ACTC payments of $39.4 billion in FY 2021 were improper.

American Opportunity Tax Credit (AOTC) – IRS estimates 26 percent ($1.9 billion) of the total AOTC payments of $7.1 billion in FY 2021 were improper.

"We identified inaccurate responses by management officials of the Bureau of

the Fiscal Service (Fiscal Service), the Exchange Stabilization Fund (ESF), and the Office of the Assistant Secretary for International Affairs (OAS) to some risk assessment questions for certain

qualitative risk assessment fund groups."

So the IRS estimated that they improperly paid at least $26.1 Billion dollars in various categories in 2021.

What they probably need is tens of thousands more weaponized IRS agents. That'll fix the problem.

https://oig.treasury.gov/reports/audit-and-evaluation

https://oig.treasury.gov/sites/oig/files/2022-07/OIG-22-035%20%28web%20copy-508%29.pdf

>>17504436 (me)

Finding 3: The Economic Impact Payment Program Was Incorrectly Rated As

Not Susceptible to Significant Improper Payment

…

OMB guidance encourages agencies to review the results of audits by the Inspector General and take into account whether they impact the risk of improper payments in the program evaluated. In May 2021, TIGTA reported that, of the more than 157 million EIPs processed, the IRS had issued more than 4.4 million EIPs totaling nearly $5.5 billion to potentially ineligible individuals as of July 16, 2020. This included payments made to deceased individuals, potentially nonqualified dependents, nonresidents, individuals in U.S. Territories who already received payments from the Territories, and individuals with filing status changes.