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Old 04-03-2013, 04:49 PM
 
98 posts, read 79,203 times
Reputation: 58

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Quote:
Originally Posted by BentBow View Post
A government loophole, is now considered fraud?

Is this a Boss Hog scenario?
It would be fraud if they are claiming children that don't meet the eligibility requirements for the credit.
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Old 04-03-2013, 04:49 PM
 
Location: Whoville....
25,386 posts, read 35,546,439 times
Reputation: 14692
Quote:
Originally Posted by OhioRules View Post
This isn't a loophole.

It's clearly fraud.

They should call it what it is: theft.
How is it theft when the government is giving it to them?
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Old 04-03-2013, 04:51 PM
 
Location: Columbus, OH
3,038 posts, read 2,514,238 times
Reputation: 831
Quote:
Originally Posted by Ivorytickler View Post
How is it theft when the government is giving it to them?
They are lying to get money illegally.

That is theft.
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Old 04-03-2013, 04:51 PM
 
98 posts, read 79,203 times
Reputation: 58
Quote:
Originally Posted by pghquest View Post
If the children dont live here, its fraud.

EITC, Earned Income Tax Credit, Questions and Answers

live in the United States for more than half the year
Just to clarify, the new report is referencing the Additional Child Tax Credit, not the earned income credit. Illegals would be unable to claim the credit because you have to have valid SSN for the EIC.
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Old 04-03-2013, 04:53 PM
 
Location: Barrington
63,919 posts, read 46,748,172 times
Reputation: 20674
Quote:
Originally Posted by HappyTexan View Post
Any link to a transcript rather than need to watch the video ?
Tax loophole investigation - 13 WTHR Indianapolis
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Old 04-03-2013, 04:56 PM
 
Location: Barrington
63,919 posts, read 46,748,172 times
Reputation: 20674
According to this link, one lone tax preparer who prepared fraudulent tax returns considers himself the whistle blower. There does not appear to be much substance to the story according to this:

Separating Fact from Fiction About the Child Tax Credit | Center for American Progress

This link reports that the issue of fraud has been bouncing around for several years.

http://www.cis.org/child-tax-credits-2011

Last edited by middle-aged mom; 04-03-2013 at 05:10 PM..
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Old 04-03-2013, 05:04 PM
 
98 posts, read 79,203 times
Reputation: 58
The video implies that people are receiving refunds of $10,000 or more based on the Additional Child Credit which if you really think about it is nearly impossible. It wouldn't shock me if this was just a sensationalized news piece aimed at attracting ratings.
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Old 04-03-2013, 05:09 PM
 
Location: Whoville....
25,386 posts, read 35,546,439 times
Reputation: 14692
Quote:
Originally Posted by OhioRules View Post
They are lying to get money illegally.

That is theft.
But the government is allowing it by not checking on the status of the children they are claiming.

I find it interesting that we could not claim our dd (born December 24th) on our tax return because we did not yet have a social security number for her yet someone who is here illegally (why aren't they being arrested as soon as they file that tax return for being here illegally?) can claim children who have never set foot inside the US and get $11K "back" from the government. How stupid is our government?
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Old 04-03-2013, 05:16 PM
 
Location: Barrington
63,919 posts, read 46,748,172 times
Reputation: 20674
Quote:
Originally Posted by Ivorytickler View Post
But the government is allowing it by not checking on the status of the children they are claiming.

I find it interesting that we could not claim our dd (born December 24th) on our tax return because we did not yet have a social security number for her yet someone who is here illegally (why aren't they being arrested as soon as they file that tax return for being here illegally?) can claim children who have never set foot inside the US and get $11K "back" from the government. How stupid is our government?
I am having a hard time wrapping my head around an employer deducting taxes from an undocumented worker's payroll check and then the undocumented worker hiring a tax preparer to file income taxes and the preparer participating in a fraud.

http://en.wikipedia.org/wiki/Individ...ication_Number
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Old 04-03-2013, 05:19 PM
 
98 posts, read 79,203 times
Reputation: 58
Quote:
Originally Posted by Ivorytickler View Post
But the government is allowing it by not checking on the status of the children they are claiming.

I find it interesting that we could not claim our dd (born December 24th) on our tax return because we did not yet have a social security number for her yet someone who is here illegally (why aren't they being arrested as soon as they file that tax return for being here illegally?) can claim children who have never set foot inside the US and get $11K "back" from the government. How stupid is our government?
Like I posted earlier, if you really stop and analyze this claim you would realize that more than likely it's total B.S.
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