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Taxation & Estate Planning

: TaxProf Blog

TIGTA: 10% Error Rate in Returns Claiming Foreign Earned Income Exclusion

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The Treasury Inspector General for Tax Administration today released Improvements Are Needed to Reduce Erroneous Foreign Earned Income Exclusion Claims (2010-40-091): TIGTA reviewed 231,277 tax returns from Tax Year 2008 and found that 10% (23,334) of taxpayers claiming the exclusion either failed to qualify for the exclusion or inaccurately computed...

Full post as published by TaxProf Blog on September 01, 2010 (boomark / email).

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