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Home Tax Credits Given to 14,100 Taxpayers in Error

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. See report by US News Money

http://money.usnews.com/money/personal-finance/real-estate/articles/2010/06/25/home-buyer-tax-credit-fraud-errors-persist.html

Gary Giffin, Middleton & Associates Real Estate. If you’d like to learn more about Gary or What your San Diego Homes are For Sale, visit his website, http://www.SanDiegoHomeSold.com or San Diego Coastal Real Estate at www.SanDiegoMLSHomeSearch.com , email him, garygiff@san.rr.com, or call him for an appointment at 858-401-0204

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