6500 tax credit: Homebuyers Claiming Tax Credit Cannot E-File - 01/30/10 08:27 AM
Did you know that if you qualify for either the $8,000 First Time Homebuyer Tax Credit or the $6,500 "Move-up" Credit and plan to claim that credit, that you have to paper file your taxes?
A client of mine who is claiming the $6,500 credit let me know after she read an article on MSN.
The reasoning behind this is the large number of people claiming on their e-filed taxes, receiving the credit before the supporting paperwork is able to be reviewed.
Reading the IRS website, this is fact, (updated January 26, 2010) and consumers need to be aware of this … (4 comments)

 

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