Wednesday, June 23, 2010

Just because you are in "the Big House" does not mean you can take a first-time homebuyers tax credit...But we do appreciate our prison poplulation taking ownership of their cells...

Inmates Get Home-buyer Tax Credits: Gov't Report
""Nearly 1,300 prison inmates wrongly received more than $9 million in tax credits for home buyers despite being locked up when they claimed they bought a home, a government investigator reported Wednesday...The investigator said 241 of the inmates were serving life sentences...Nevertheless, 1,295 prison inmates were able to get $9.1 million in credits, in part because the IRS does not keep up-to-date records of who is in prison, the IG's report said. None of the inmates filed joint returns, so the claims could not have been for purchases by spouses""....(read rest of story HERE)
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