Archive for September, 2006
Amend Tax Return For House Credit
September 1st, 2006
Question: Would the IRS catch it if we filed the amended return with a mistake?
Bought a house from parents dated jan. 13,2009. Qualified for the $8K first time homebuyers tax credit but disqualifies if bought from parents. Already filed and submitted an amended return to IRS. Would IRS catch it right away despite the parents last name are different from the buyers (son/daughter) last name?
Answer: IRS would catch obvious errors but not something that could be determined just by looking at the return that was filed.
Nationwide Open House Weekend
FORT WAYNE, Ind. (Indiana’s NewsCenter) – If you’re looking for a new home, right now could be the perfect time to find one. Today and tomorrow mark the Nationwide Open House event. Blue balloons are tied to signs in the yards of nearly 400 open houses across Allen County this weekend.
Thomas Sowell talks about his new book Economic Facts and Fallacies
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