The IRS warned thousands of taxpayers that they could face criminal prosecution and steep fines if they falsely filed for tax credits that do not apply to them.
The IRS warned on Tuesday that thousands of taxpayers could face criminal prosecution if they filed false tax returns for high refunds. In a press release, the IRS reiterated a warning not to fall for tax scams centered around the Fuel Tax Credit, Sick and Family Credit, and household employment taxes. Despite the warnings, the IRS reportedly came across thousands of dubious claims from taxpayers for credits for which they were not eligible.
The IRS also said household employment taxes are being claimed by taxpayers who "invent" fictional household employees to claim a refund based on false sick and family medical leave wages they never paid. "These improper claims have been fueled by social media and people sharing bad advice," Werfel said. "Scam artists constantly prey on people’s hopes and try to use the complexity of the tax system to convince people there are secret ways to get a big refund.
The IRS also said legitimate taxpayers who qualified for the credit but were flagged, can submit documentation showing they qualify for the credit. Still, anyone who did not qualify yet claimed the credit on their taxes could face a fine of up to $5,000 per return. The taxpayers will also risk being audited, and could face criminal prosecution, the IRS said.
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