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CNBC

Treasury, IRS move to restrict refundable tax credits to certain immigrants

Wednesday, August 19, 2026


The Treasury Department and Internal Revenue Service announced restrictions on refundable tax credits for certain immigrants, according to reporting on the agencies' actions. The restrictions would affect immigrants with Social Security numbers and work authorization, according to experts cited in reporting on the policy change. The number of affected immigrants was estimated in the hundreds of thousands.

Original reporting: https://www.cnbc.com/2026/08/19/treasury-irs-refundable-tax-credits-immigrants.html

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