(The Center Square) – The Trump administration unveiled a proposed rule clarifying that hundreds of thousands of noncitizen taxpayers are ineligible for refunds from four individual income tax credits. The move could save the U.S. up  to $2.6 billion in 2026.

The Treasury Department and IRS said Wednesday that the refundable portions of the adoption tax credit, the Child Tax Credit, the American Opportunity Tax Credit for undergraduate education costs, and the Earned Income Tax Credit qualify as “federal public benefits” under the pending rule.

Originally published on thecentersquare.com, part of the BLOX Digital Content Exchange.