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2. Tax credit overpayment - Wikipedia

   en.wikipedia.org/wiki/Tax_credit_overpayment

   Finalised Tax Credit Awards 2003-2004 Finalised Tax Credit Awards 2004-2005 Finalised Tax Credit Awards 2005-2006; 5,670,000 claims for Tax Credits. 6,458,000 claims for Tax Credits. 6,480,000 claims for Tax Credits. 1,879,000 claims were overpaid by a total of £1,931,000,000. 33.14% of claims OVERPAID.

3. IRS says taxpayers who filed suspicious returns with key tax ...

   www.aol.com/irs-says-taxpayers-filed-suspicious...

   And the IRS said it's necessary to verify your ID before you amend any return in cases with improperly claimed credits. Typically, IRS taxpayer assistance centers are open from 8:30 a.m. to 4:30 p ...

4. Overpayment scam - Wikipedia

   en.wikipedia.org/wiki/Overpayment_scam

   An overpayment scam, also known as a refund scam, is a type of confidence trick designed to prey upon victims' good faith. In the most basic form, an overpayment scam consists of a scammer claiming, falsely, to have sent a victim an excess amount of money. The scammer then attempts to convince the victim to return the difference between the ...

5. Tax credit - Wikipedia

   en.wikipedia.org/wiki/Tax_credit

   Money portal. v. t. e. A tax credit is a tax incentive which allows certain taxpayers to subtract the amount of the credit they have accrued from the total they owe the state. [1] It may also be a credit granted in recognition of taxes already paid or a form of state "discount" applied in certain cases.

6. All About Tax Credits: What You Need to Know Before Filing - AOL

   www.aol.com/finance/tax-credits-171324079.html

   If you were unhappy with last year's income tax bill, there are several ways to reduce your overall 2022 tax burden before the April 18, 2023, filing deadline arrives. You can try to qualify for ...

7. Still haven't filed your taxes? How to avoid penalties or ...

   www.aol.com/news/still-havent-filed-taxes-avoid...

   Currently, the interest rate is 8%, compounded daily. The Franchise Tax Board's penalty is 5% per month, capped at 25%; the state's tax code makes no mention of interest charges. It also imposes a ...