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IRS may have paid $57 million in error for Trump tax break, report finds



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Stefani Reynolds/Bloomberg via Getty Images’Potentially erroneous’ QBI deductionsThe IRS allowed business owners to claim $57 million in “potentially erroneous” deductions on 12,980 tax returns filed last year, according to a report publicly released Tuesday by the Treasury Inspector General for Tax Administration.The watchdog urged the tax agency to increase its oversight of the pass-through deduction.This is a rich vein for the IRS to be prospecting, because so far the IRS is getting pay dirt [almost] every time.Steven Rosenthalsenior fellow at the Urban-Brookings Tax Policy CenterIt’s not entirely clear why the Treasury Inspector General flagged these tax filings to …

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