MISMATCHES PROMPT IRS LETTER.The IRS An abbreviation for the Internal Revenue Service, a federal agency charged with the responsibility of administering and enforcing internal revenue laws. is notifying 2.4 million taxpayers who filed a joint 1999 return that the name and identification number of their spouse did not match IRS records. The mismatches could present a problem for taxpayers seeking to claim a personal exemption Personal exemption Amount of money a taxpayer can exclude from personal income for each member of the household in calculation of a tax obligation. personal exemption See exemption. or the earned income tax credit The United States federal Earned Income Tax Credit (EITC) is a refundable tax credit that reduces or eliminates the taxes that low-income married working people pay (such as payroll taxes) and also frequently operates as a wage subsidy for low-income workers. . In the letter, the IRS advises these taxpayers to compare the name and number used on the return with the information on the identification card issued by the Social Security Administration or the IRS. In the past, the IRS has not accepted electronic returns with any name and number mismatch mismatch 1. in blood transfusions and transplantation immunology, an incompatibility between potential donor and recipient. 2. one or more nucleotides in one of the double strands in a nucleic acid molecule without complementary nucleotides in the same position on the other , whether for the taxpayer, the spouse, or a dependent. It also has reduced tax benefits claimed on paper returns when there was a name and number mismatch for the first spouse listed on a joint return or for any dependent. This coming year, it will do the same for both spouses on paper-filed joint returns. |
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