“The Internal Revenue Service sent $1.1 billion in advanced child tax credit payments during 2021 to people who shouldn’t have gotten them, and failed to send $3.7 billion to eligible households,” the Wall Street Journal reports.
“Congress expanded the child tax credit and authorized monthly payments in the March 2021 relief law signed by President Biden, giving a tax agency accustomed to annual refund payments an unprecedented test in administering monthly benefits.”
Save to Favorites