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IRS Commissioner Explains Gross Tax Credit Overpayment: Process Is Hard

IRS Commissioner Explains Gross Tax Credit Overpayment: Process Is Hard

It was revealed during the House Appropriations Committee hearing on Monday that the IRS over-payed tax credit refunds by 20%. Congressmen pointed out that the overpayment totaled to more than the IRS’ total budget. Acting IRS Commissioner Danny Werfel explained that a major component of the gross mismanagement is the “complexity of the code and the complexity of the eligibility criteria.”

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