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Stumbling Blocks on 1st Time Home Buyer Tax Credit Refunds

By
Managing Real Estate Broker with Lehman & Scheffler Real Estate Services

For those of you that qualified for the First Time Home Buyer tax credit.  You may be angered to learn that the IRS is reporting long delays and still no ability to e file for your return.  What does this mean to the consumer counting on the money to reimburse for closing costs and repairs?  It means months of delays to get the refund.  The new form was just released http://www.irs.gov/pub/irs-pdf/f5405.pdf

 

Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

Unfortunately, when we are dealing with the government there are often long delays!

Jan 19, 2010 03:16 AM
Tammy Lehman
Lehman & Scheffler Real Estate Services - Chelsea, MI
Your Hometown Realtor

So so true. Thanks for the comment Sybil

Jan 19, 2010 03:19 AM
Missy Caulk
Missy Caulk TEAM - Ann Arbor, MI
Savvy Realtor - Ann Arbor Real Estate

Hi Tammy, hope you are enjoying the MLS Committee meeting this AM. LOL

Felt funny not getting up for it.

I do get calls all the time from folks wanting to know when their refund will come. They have been waiting sometimes up to 3 months.

I know they are frustrated. The electronic fileing should be implemented NOW.

Jan 20, 2010 12:51 AM