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Sixth Annual Statewide EITC Learning Exchange. June 2009 Lansing, Michigan. 1. 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+ - PowerPoint PPT Presentation
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Sixth Annual Statewide EITC Learning Exchange
June 2009Lansing, Michigan
Federal Returns Filed in Michigan
2003 2004 2005 2006
Federal EITC Returns Filed in Michigan
2004 2005 2006 2007
Direct Deposit and RAL/RAC
2003 2004 2005 2006
0
5,00
0
10,0
00
15,0
00
20,0
00
25,0
00
Volunteer Prepared Returns w/ Direct Deposit
2003 2004 2005 2006 2007 2008
0
500,
000
1,00
0,00
0 1,
500,
000
2,00
0,00
0 2,
500,
000
3,00
0,00
0
2003
2004
2005
2006
2007
2008
Return Preparation
Self Prepared
Paid Prepared
VITA Prepared
Free File
0
2000
0
4000
0
6000
0
8000
0
1000
00
1200
00
1400
00
2003
2004
2005
2006
2007
2008
Return Preparation VITA Prepared Free File
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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
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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
Questions?
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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
