TAX TENSIONS: The IRS messed up - and it could impact your refund
IRS Commissioner Chuck Rettig told reporters during a call on Monday that the scope of the error is likely limited, and maintained that he was "highly confident that it is nowhere near millions or hundreds of thousands." Rettig said the IRS will release more information on the matter once it becomes available.
It's possible the people who received the erroneous letters could be a small group of taxpayers who recently moved or changed bank accounts in December. Ken Corbin, the IRS chief taxpayer experience officer, said Monday the child tax credit checks may have been undeliverable in those cases, or bounced from bank accounts.
IRS Commissioner Charles Rettig testifies on his agency's budget before the House Appropriations Subcommittee on Capitol Hill April 9, 2019. The IRS is already warning taxpayers of a potentially challenging tax season and has urged individuals to file their tax returns electronically in order to receive the refund within 21 days as the agency wades through a deluge of 6 million unprocessed paper returns.
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