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For the Year 2001 the IRS has over $2 Billion in uncollected refunds. “Generally, individuals qualified for the EITC in 2001 if they earned less than $32,121 and had two or more qualifying children living with them, earned less than $28,281 with one qualifying child or earned less than $10,710 with no qualifying child”. In the Year 2002 the IRS says the amount of uncollected refunds is over $2 Billion.
The same is true for 2003, 2004, and 2005. |