Home > Money > The Home Front > First-Time Home Buyer Tax Credit: All Sorts of Sketchy Claims

First-Time Home Buyer Tax Credit: All Sorts of Sketchy Claims

Reader Comments
Back to blog

For the statement where my refund, I been given a run around to
I mail everything my accountant ask for, well now the IRS is sending me a letter saying I don't get the $8000 tax credit.
I am a first time homebuyer, I move in my home last may 2009
they just giveing everybody a run around and don't want to send nobody there hard earn $$$$$$$$$$$!!!!!!!!!!

Sharon of VA 2:55AM April 30, 2010

I was told that the $8000 tax credit for 2009 First Time Home Buyers is also being extended to 2008 First Time Home Buyers (I purchased in Sept. 2008). Can someone please let me know if this information is correct?

Maria of CA 12:22AM January 28, 2010

Our house burnt on December 20th this year. We owned and lived there for 12 years. Would we qualify for the tax credit. Also if we rebuild can you receive the tax credit?

Heather Quinton of TN 8:17AM December 30, 2009

Is there any possibility that the $6,500 tax credit could be retroactive to a home purchased on November 2, 2009?

WISHING of FL 11:12AM December 05, 2009

I BOUGHT A HOUSE FIRST TIME, IN THE YEAR OF 2001.LIVED THERE UNTIL 2007.I HAVE JUST BOUGHT ANOTHER HOUSE IN AUGUST 2009.DO I QUALIFY FOR A TAX CREDIT?

GARY LEFRANCIS of MA 6:02PM November 13, 2009

I built a house...with saved money.....on my parents land..I have no HUD-1 form or anything like that. What kind of documentation will I need?

Jamie of KY 6:20PM November 10, 2009

I am a loan processor and I know all about the SNAFU's that can occur purchasing a new home. This is a tax credit, NOT a refund or return.
I have a few suggestions for you.
1. ALWAYS...ALWAYS get the name and E address of who you are speaking with when you are called OR call to get information.
Sometime 5-6 people work on the same file at the same time.
2.Send in the required information in a timely mannor, and CC yourself a copy, and keep it in a file on your computer to prove you sent it.
3. All government agencies move very slowly. Be patient.

Anne of WA 4:25PM November 10, 2009

Must a move up home buyer necessarily sell their current home to qualify? Or can they use their current home as a rental property and still obtain the credit?

Larry Prewett of CO 8:30AM November 10, 2009

We purchased our place in March and are still awaiting the credit. We have since got our congressman involved and are now working with a taxpayer advocate. We got all the standard responses and excuses from the IRS that everyone else is getting on here. I would advise people to just wait to claim it on their 2009 return. An ammendment gets scrutinized in general and now with all of this fraud out there, it hurts the people who do things the right way. We are becoming a people of no moral standards anymore. CHEAT, CHEAT, CHEAT seems to be the answer for a lot of society these days. For those of you who play by the book...be patient and persistent. The IRS folks are under fire right now and they have a hard time deciphering who is telling the truth or not. Not their fault. I would recommend reporting ANYONE who you may know that is committing fraud.

Glenn of WV 11:59AM November 06, 2009

My wife and I purchased a home on the 10th of June. We did everything correctly in sending in the forms and everything. The beginning of August we receive a letter stating they need another copy of our HUD. We send it in, and the beginning of October they send us a letter saying we will hear from them on the 31st. This is starting to get ridiculous! I called the IRS and they cannot give me a straight answer of where our money is. Where is my return? I sent my form and info in well before all this mess started.

David of TN 11:09AM November 04, 2009