3 hours ago
IRS moves to bar illegal immigrants from claiming refundable tax credits
The Treasury Department and IRS proposed new regulations for four refundable tax credit programs. These rules limit eligibility to U.S. citizens, nationals, and qualified aliens. The move aims to prevent individuals without legal status from accessing the Child Tax Credit. It also blocks access to the refundable portion of the Earned Income Tax Credit. Administration officials stated the policy will save taxpayers approximately $3 billion. Treasury Secretary Scott Bessent said the rules protect the integrity of the tax system. The proposed regulations target immigrants who are not lawful permanent residents, refugees, or asylum recipients. Supporters argue the change prioritizes American taxpayers by enforcing existing federal laws. Social post regarding Treasury enforcement of tax credit rulesSocial post regarding taxpayer-funded benefits for illegal aliensExclusive | Trump admin axes refundable tax credits for illegal migrants, saving taxpayers $3BIRS moves to block illegal immigrants from claiming some tax creditsTreasury Seeks to Limit Immigrants' Use of Some Tax Breaks
