Tuesday, March 10, 2009

tax credit fraud

Are you filing your taxes now? If you are eligible for the $8000 tax credit make sure you actually closed on your home before claiming it on your taxes! There have been cases where people have received their refund before even owning the home. Don't do it! This is fraudulent and you will be penalized by the IRS.

Remember that you can file an amended return. Even if you don't close on your home until the summer, file an amended return then to receive your refund.


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