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According to the Transactional Records Access Clearinghouse, 307,000 of the 660,000 audits conducted by the IRS last year targeted taxpayers who claimed the Earned Income Tax Credit intended to give relief to those on the lower rungs of the agency’s tax brackets.
In its Tuesday report, TRAC noted that the IRS targeted those making less than $30,000 in income at five times the rate of higher tax brackets.
IRS Audits Poorest Families at Five Times the Rate for Everyone Else @TRACReports
New data show that low-income wage earners with less than $25,000 in total gross receipts are audited at a rate five times higher than for everyone else.
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