IRS Questioning 2014 Earned Income Tax Credit Claims
The US Internal Revenue Service (IRS) has disclosed that it has sent letters to those taxpayers who may not be entitled to some or all of the earned income tax credit (EITC) claimed on their 2014 tax returns.
Tax preparers have been informed that, if one of their clients receives a letter, he or she will be requested to review their 2014 tax return for accuracy and, if needed, to file an amended tax return to make corrections.
Taxpayers who have filed questionable EITC claims may receive Letter 5621, which asks a taxpayer to review his/her tax return to determine if the children claimed each met all the qualifying child rules for the credit. Read More