It’s not like I would ever say that free money isn’t worth it, especially when it’s a tax credit of up to $8,000. But I still doubt that first-time homebuyers who got their chunk of the housing kick-start are jumping for joy that they won’t be able to e-file come April.
As if it’s not hard enough filing the first year after buying a condo, these taxpayers also have to send even more documents in to complete their 2009 taxes.
The rest of us could very well be jumping for joy, though, because the push behind this new rule is due to the high number of suspicious claims for the tax credit, according to Move.com. I, for one, am 100% behind the Internal Revenue Service trying to catch those recipients who wrongfully took the money.
Source: MSN and Move.com