The Internal Revenue Service has identified a significant refund scheme involving hundreds of people living in the Commonwealth of the Northern Mariana Islands.According to the agency, many nonresidents and locals of the islands filed income tax returns requesting refund checks including the earned income tax credit. But CNMI residents are not required to file a return with the IRS and are not eligible to claim the credit.
Island taxpayers who received improper refunds, as well as individuals who had their bank accounts frozen in the process of receiving a refund, should file Form 1040X, “Amended U.S. Tax Return,” to repay the amount to the IRS.
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