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IRS erred on child tax credit payments for millions of eligible families – but aid was 98% accurate overall, report finds

CNBC LogoCNBC2 mo ago

IRS erred on child tax credit payments for millions of eligible families – but aid was 98% accurate overall, report finds - CNBC

Quick Summary:

The IRS skipped advanced child tax credit payments for millions and mistakenly sent payments to filers who didn't qualify.

But aid was 98% accurate overall.

Medicare standard Part B premiums will drop to $164.


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Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-28 @ 17:08:26 (2 months ago)

News Timezone: GMT -5:00

Ranking: #636 (out of 3483 stories this day)

News Source URL: cnbc.com

Language: English

Article Length: 281 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CNBC

News ID: 604484

View Article Analysis

About CNBC

CNBC Logo

Main Topics: Economy

Official Website: cnbc.com

Update Frequency: 18 posts per day

Year Established: 2005

Headquarters: United States

News Last Updated: 11 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #5

Publisher Details

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The story "IRS erred on child tax credit payments for millions of eligible families – but aid was 98% accurate overall, report finds" has 281 words across 13 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Which news outlet covered this story?

The story "IRS erred on child tax credit payments for millions of eligible families – but aid was 98% accurate overall, report finds" was covered 2 months ago by CNBC, a news publisher based in United States.

How trustworthy is 'CNBC' news outlet?

CNBC is a fully independent (privately-owned) news outlet established in 2005 that covers mostly economy news.

The outlet is headquartered in United States and publishes an average of 18 news stories per day.

It's most recent story was published 11 hours ago.

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  • News ID: #604484
  • URL: https://beamstart.com/news/irs-erred-on-child-tax-16643868393602

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