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Sixth Annual Statewide EITC Learning Exchange

Early statistics reveal over 58,000 volunteer returns filed with Tax Wise, totaling $47M+ in refunds and $15M+ in EITC refunds. Discover common errors and top reject codes to maximize success in tax processing.

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Sixth Annual Statewide EITC Learning Exchange

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  1. Sixth Annual Statewide EITC Learning Exchange June 2009 Lansing, Michigan 1

  2. Early Statistics for FS 2009 Data for Volunteer Returns filed using Tax Wise Total Returns >58,000 Total Refunds $47,000,000+ Total EITC Refunds $15,000,000+ Returns Requesting Direct Deposit 20,500+ Split Refunds 76 State Returns >77,500 8

  3. Rejects Most common errors involve Dependent SSN/Name mismatch or EITC Issue (seven of the top 15) Authentication information for PIN Signature (three of the top 15) SSN/Name mismatch Primary/Secondary Taxpayer (three of the top 15) Recovery Rebate Credit/Employer EIN complete the top 15 most common Rejects 9

  4. Questions?

  5. Most Common Reject Codes 679 – Authentication Record (Prior Year AGI/PIN Match) 504 – Dependent SSN Match 269 – Recovery Rebate Credit Disallowed as maximum amount already received 507 – Dependent SSN already Used 501 – Dependent Name/SSN Match 11

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