The Internal Revenue Service Fiscal Year 2013 Improper Payment Reporting
This report of the Treasury Inspector General for Tax Administration declares the IRS is making little progress in reducing improper payments of Earned Income Tax Credits — allowing more than $13 billion to slip through in Fiscal Year 2013.
The IRS itself admits that roughly one-quarter of EITC payments were issued improperly in Fiscal Year 2013. The dollar value of these improper payments was estimated to be between $13.3 billion and $15.6 billion.
TIGTA does not make any recommendations in its report, which pointed to a persistent pattern of improper payouts.