Apr 15, 2011

And if THEY say it's complicated.....

      Turns out some of the money that was supposed to go to first-time homeowners as an economic stimulus ended up going to prison inmates, people under 18 years of age, and folks who weren't even first-time buyers...forty-seven thousand people in all.
      The total misused was in the range of  $513-Million

      USA Today has the story  which includes this line:

The IRS said it worked hard to enforce a complicated tax credit that provided more than $27 billion to almost 3.9 million taxpayers.
....and if there's anyone who knows complicated tax wording.......



1 comment:

  1. Nope, not me. That's why I send my tax returns to a CPA.

    ReplyDelete