A report by Treasury Department showed that more than 14,100 taxpayers wrongly received home buyer tax credits. The report estimates that at least $26.7 million in tax credits went to people who did not qualify.
Also, the Treasury Department showed that 1,295 inmates filed fraudulent home tax credit claims totaling $9.1 million. In an example of fraudulent home tax credit claims, one home was used by 67 taxpayers to claim credits, according to the report.
This is absolutely ridiculous. It’s embarrassing that our government let this happen; that they are that incompetent. Do you know what is going to happen to the people who wrongfully received tax credits? Will they all be forced to return them? What about in the case where it was the govt.’s mistake and not the homebuyer?
This is crazy! absolutely embarrassing for our government…
Great site. A lot of useful information here. I’m sending it to some friends!
jeez…. how embarrassing.