Saturday, January 23, 2010
Homebuyer Tax Credit-processing delay
For taxpayers taking the homebuyer tax credit on your 2009 tax returns, the IRS won't start processing your return until mid-February as IRS computers are being reprogrammed to handle the rule changes. In addition, returns claiming this credit cannot be efiled due to the attachment requirements. As paper returns require extra processing time, don't expect your refund right away.
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Good day, sun shines!
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