Plan on filing for a Home Tax Credit? Don’t plan on spending the money quickly!
You can now expect delays of up to four months to receive your money. Because of scams, the IRS is now requiring new forms with letters of home purchase proof that must be mailed in when filing your taxes (meaning NO E-Filing). Whether you are ammending 2008 returns or filing 2009, if you purchsed after Nov 6th, these are the new guidelines. The IRS started sending back amended returns asking for proof. You can’t really blame them however…….it’s people scamming the system who are at fault.