First Time Home Buyer Tax Credit

There has been a lot of talk (and confusion) about the economic stimulus bill and what it means to home buyers. Who qualifies? What year can I claim the credit? How much of a refund would I get back? What are the criteria to receive the credit? So I'm going to attempt to answer the most common questions about the bill. Keep in mind, I am NOT a tax professional or accountant and always recommend when it comes to your taxes to seek the advice of an accredited tax professional.

That being said, the bill states that first time home buyers can claim a tax credit worth $8,000 OR 10% of the home's value, whichever amount is less. So, if you bought a condominium for $65,000, your tax credit under the bill would be $6,500, not $8,000.


In order to qualify for the credit, the home purchase must be made between January 1st and November 30th of 2009 (so if you buy a home on December 1, 2009 you are not eligible). In addition, there are income restrictions as well. To qualify, a single person must make less than $75,000 a year. Married couples must make under $150,000 a year. However, higher income buyers may receive a partial credit. You must also live in the house purchased for at least three years or you will be required to pay back the credit. The property being purchased can not be owned by a close relative like a parent, grandparent or one of your children. The definition in bill for a first time home buyer is anyone that has not owned a home in the last three years.

Tax Filing

The credit can be claimed on your 2008 or 2009 income taxes. Now as I said you can claim the credit on your 2008 tax filing. If you have already filed them, you can file an amended return to claim the credit if you wish to do so. Based on the feeback we've been getting, the process takes about 12 weeks. Another great thing about the credit it that it is fully refundable, so even if your total tax bill (refund) is less than $8,000 (and you qualify for that amount of a credit), you would still receive the full $8,000 back plus the amount you had overpaid.

For example, John's taxes showed that he had paid $5,000 in taxes over the year. He filed his return and he actually only owed $3,000 in taxes. Normally he would have received a refund of $2,000. But under this bill, he would receive the full $10,000 instead! To claim the credit on your taxes is just a matter of filling out the form, without any additional paperwork involved.

This is a simplified breakdown of the economic stimulus bill. I highly recommend consulting a professional tax service regarding your taxes. You can download the tax form here:

Thank you for reading our real estate blog and feel free to contact us for all of your Las Vegas NV real estate needs.  



We've been waiting since

We've been waiting since March for ours and was told it'll be "in the mail on the 11th of Sept" only today. I'm so annoyed that this is taking so long too. We're typical, double income with an autistic child so we are in need of the funds too...good luck, we hope our check is in hand soon too. 25 weeks today!

You have been waiting

You have been waiting since march? That is unreal. Have you had to send anymore papers to them and have they said you were under review? Well at least you have a date of Sept 11. It is discouraging. I am beginning to think I am never going to get mine back.


just wanted to let you guys know that i called tonight to the irs number that has been given a couple of times. my amended return was rec'd aug 24th and i mailed it out on the 18th. i was told it actually is being worked on so i should be rec my check soon. i mailed my to kansas city address. i guess this is good news. i just wanted to share this info.


We sent our Amended Return in April 18th and the IRS advised
they received it April 22nd. I talked with the IRS several times and
was told it was in final processing. When I talked with them on
August 18th the women went and pulled the file and said it was in
final process but the person who had it never SIGNED OFF. The
women said she was tagging it and giving it back to the person and
they have 30 days to either send us a letter or a check. I then said
to her it sound like somebody dropped the ball and it our fault. All
she could say is I'm sorry. I called August 31st and believe this there
is still nothing done on it. Has anyone heard this junk from them.
We mailed ours to Atlanta.

The exact same thing

The exact same thing happened to me. I just found out on yesterday. My paperwork had been processed and I waited 4 weeks for the check to be mailed after being processed only to be told it was deleted because someone didn't sign off on it. So I am really upset because that is not my fault. The money was put onto my account and before being mailed it was pulled because no sign off. BS if you ask me. I don't know how long it takes but rep said 12-16 weeks. Yeah right.

I closed on my home July 10,

I closed on my home July 10, 2009. I mailed my amended 2008 tax return on July 27th and the IRS received it on July 29th. I called on August 14th and was told my amended tax return had been assigned to a worker and it was processed on Aug 12th and to call on Monday (August 17th) to find out the status. I called on the 17th, they told me to call back on Thurs. or Fri. because that's when their computers update. So I called back on August 20th(thurs) I was told that my amendment was pending adjustment and it takes 10-14 days for a credit. So I called back on 8-24-09 and was told that the $8000 had been credited and to call back on Thursday or Friday to see if a check had been mailed. Normal processing time is 2-3 weeks but the representative said that it shouldn't take the full 3 weeks. I called today 9/8/09, and was told that my adjustment has been deleted. There was nothing on my file to state why it was deleted. She stated that she would contact the service center and it will take 30 days for them to look at it. Then after they look at it, it will take 12-16 weeks to process my amendment. I sent my amendment to Atlanta. Now I have to start the process all over again.


I dont know what to do!!! We closed escrow late March I mailed my amended return on appox. May 10. I did the mistake of not certifying what I mailed and I called yesterday 8/31 to see what was taking so long and one rep. who sounded very unsure of what he was saying said they never received it! I called again later that afternoon and spoke to someone else who was very hesitant to give me any I think she thought I was not who I said I was don't know why but she said my amended return does not show up in their system yet but it could be that they just have not processed yet and to call back on Sept. 15! I don't know if I should re send it again and certify it, walk into my local office or wait. I am afraid if I wait the funds will run out. I don't understand how they did not receive it I would of received as "return to sender" but I did not. Has anyone had this problem???

here is the latest

The IRS received my amended return on May 27th. I called and was told that it was being examined/audited in the middle of July. I have called twice since then and been told the same thing each time.

I decided to call back yesterday. I waited for 33 minutes to be exact and finally got to talk to somebody. At first all he would say was it was processing to call back when it had been 16 weeks. Well processing and audit to me is two different things so I asked him if it had been taken out of audit. No it had not. Go figure. I am certain he just wanted me off the phone. He said to call back the end of Sept. that would be 16 weeks. I told him I dont know how you figure weeks but mid September would be 16 weeks.He puts me on hold to calculate and come back and says indeed 16 weeks will be on Sept 16th.Call back then and he can write a referal to be sent to whoever is in charge of my file. I wanted to know if anything was scheduled to be mailed out to me and it was not. Well it does not take anyone long to figure out if it takes 2 weeks to process a check as they have been saying that I was not going to be getting one by Sept 16th so I asked to go ahead and lets write that referal. No can do he says and futher more after you do have them write the referal they have 45 days to respond. I asked to speak to whoever is in charge of my file. Of course I knew that is not allowed. Who else do you deal with that you cant speak to whoever is in charge of your case. Only the IRS. The man laughed when I asked to speak to them. That did not go over well with me.I asked why some who did not send in their returns till the end of July have already received refunds. He replied there must be something wrong with my return. Then Tell me what it is!!!!!!!!

Finally I get him to tell me that the problem is my address. When I mailed in my amended return I had my old address on the return because we were in the process of moving and we were doing some fix up on the house and I did not want a 8,000 check mailed to the new house if we were not there. It just so happens my old house had a po box because the post office did not deliver mail on the road where I rented a house. Now of course the new address was on the other form that had to be mailed in. It is not a po box. I have moved but my po box is paid till Nov. and I have kept this because I did not know if they would forward the check. He said this is my problem and that I should not have sent in papers until I was staying in the house everynight because it was not my primary address and they might deny my claim because of this. I have now mailed in a change of address form that will take 4 to 6 weeks to process because after all you cant do that over the phone. Everything is a process.

I would like to know if anyone that has been waiting past the 16 weeks could possibly have a address problem on theirs and if they have ever been told this when they have called.I wish I had beened told this weeks ago when I called and I could have fixed it then. God help you if you have to have a po box where you live.
Also did any of you mail in this form before you had actually started staying in the house? I have read on here that some people went as soon as they closed on their house.

Address Change

I spoke with a very nice lady that did change my address over the phone, she told me that the IRS will not forward a check but will forward correspondence. I am still waiting though, it will be 16 weeks Sept. 29.

It sound like the same man

It sound like the same man i spoke too about my address he said oh wow sound like fraud to me you suppose to be living in the house before you claim the credit. i replied it needs work done and i was uncompfortable with a huge amount coming there and i wasn't completely finish with the house he was very rule......but to answer your question i did do a change of address over the phone with a nice rep i guess we just have to luck up and catch one thats willing to help.

Just shows the incompetence.

Just shows the incompetence. You absolutetly do not have to occupy the home immediately to qualify for the credit. You can find this in the instuctions on the credit on the irs website. Many people bought homes that needed a little fixing up before they moved in. By law the date of purchase is the moment you qualified for the credit.

Oh wow, You got someone to

Oh wow, You got someone to actually change your address over the phone? I was not so lucky. If I had known that this was such a big deal I would have changed the address on the form. I have seen on here were others have actually had their old address on the form and check got mailed to new address. Who knows it is beyond frustrating and the man I talked to was so rude he had me in tears. I am convinced they do not know what they are talking about half of the time because everytime I call I am told something else. I am legit and I meet every qualification for the homebuyers credit. They just will not let me prove it to them. I have to wait until they are ready and there is not one thing I can do about it.

final update

I have posted twice on this site,and thought i would let everyone know we received our refund today!!! We closed may 1,amended our taxes may 11,waited...........called in july,was told they never received it,so mail it again...........did that july 22,was yelled at by irs agent when I informed her we mailed another copy,was told it will reset the clock for another 16 weeks (this is about when i started keeping wine in the house regularly) we received a letter last week,august 26 stating our return was on its way,and we got it today,august 31! I wish you all the best and just wanted to bring some optimism and hope that the money will come,just hang in there:)

homebuyer credit credit.. great?? Nope were screwed!

I have read, re read, and read again..... apparently we do not qualify for the tax credit that EVERYONE told us we would get, we really wont.
My husbands Grandfather passed in 2006. The "Estate" was shared between his mom, aunt, and uncle.
We bought the house in 2008 when the family put it on the market. We paid just below market price,( barely below) and have a real monthly mortgage that we pay to our bank, and because we "bought" the house from a relative, we don't get our credit?
We could have bought the house across the street and we would have?
Doesn't seem right to me.
Does anyone know why this is a stipulation? We didn' t just "inherit" the home, we are purchasing the home.

So frustrated, this old house needs a lot of work! So much for us "stimulating' our economy :(

yes, family purchases are

yes, family purchases are not eligible. That is to prevent fraud. Family could sell houses back and forth to each other, just to get the credit.

i just bought a house on a

i just bought a house on a land contrack from my unkle does that mean iam not going to be able to get this 8 k too .we even payed way over market value

Actually, the IRS says a

Actually, the IRS says a direct lineal decendent. In other words it would have to be a Father, Mother, GrandFather, Grandmother, or Sister or Borther, in order for them to be "related." If you bought from an Uncle or Aunt, it is not considered related in this case.

Innocent mistake........

Hello all....
My wife and I are young newlyweds and back in May, we signed for our first home (a new construction). Back in the Spring, things were very confusing concerning the tax refund. We were both very ignorant of the process, so we sought realtor advice. We had two realtors and other a CPA tell us that it was definitely OK to file a refund after signing for the house, yet before we closed on it (since we were waiting for it to finish being built). We have never done things illegally, and would never desire to do so, but when I called the IRS, they informed me that many realtors and CPA had been approving this, but it was NOT the way to do things. He said we may have "slipped" through the cracks and may receive our check anyway. I told him that we had NO CLUE and that if we received it early, I would hold the check until after we closed just to make it honest on our end. Long story short, it was filed in mid May and we close on Sept 8. They can't seem to find it in their system, and we are worried they will flag us as fraud. What should we do? The IRS guy said to keep waiting.... We had filled out the right forms as our professional CPA did it for us. What is you advice for me??

Please someone give us advice!!

Why doesn't the IRS seem to know what they are doing?

My spouse and I purchased our first home on May 1, 2009. We filed a form 1040X (Amended U.S. Individual Income Tax Return) to claim the first time homebuyer credit afterwards. The IRS received the form on May 4, 2009. The time period is usually 8-12 weeks to process the form but has been extended to 12-16 weeks because a lot of people are claiming the first time homebuyer credit. We began calling on week 12 to check on our return. We were told it was still being processed. We called back on week 13. We were told the same. When we called on week 14 we were told that it was being reviewed and that we should receive either our check for the credit or a letter from the IRS soon. We were reminded to give them the full 16 weeks before calling back again. So I called back at 16 weeks and let them know that we hadn't received anything. I was told that it went from processing to review (where they check to make sure you meet the criteria for the credit) on July 15 and should be hearing something soon. Frustrated I called back a few days later and was told it went to review on June 23. And should be receiving either the check for the credit or a letter in the mail soon. Not only have I been getting conflicting information from the IRS but I have been told for weeks now that I would be receiving something in the mail soon, and I have not. If I owed the IRS there would be no room for set backs. Someone would be on my doorstep, so to speak, immediately. We feel like we've done our part, in buying a home, so why aren't they? We were going to wait until next year to purchase, but decided to purchase this year because we could receive the first time homebuyer credit. Needless to say, we're frustrated.

system is in failure

My son formerly worked on Capitol Hill for our local congressman, he spoke to our rep, who told him that the system is in chaos. The IRS is freaking out over massive fraud from organized outfits who are trying to game the process.
MY 1040X was received in Fresno on June 4, called and was told that it has not been looked at yet. What is obviously a disaster and what ticks people off is that they are not processing in the order that the returns were received.
I have seen comments and had the IRS rep tell me that they have to check to make sure the sales are legit. This is a joke and if they are trying to do this it explains why it has become such a cluster. Every county reports home sales differently, my county does not even update sales for 09 on the website until next year.
People also have the right to do contract for deed or land sale, which does not even result in deed transfer that would be reported. They are having processors trying to do the job of the audit department and it has resulted in a total system failure.
I urge every one to contact your elected federal officials and demand that there returns be processed in an orderly fashion and the stimulus be applied the way the Congress has directed the IRS to do by law.

I would not worry about

I would not worry about being accused of fraud as long as your documents were signed by your CPA. As a CPA they have the legal obligation to know the law and would be responsible for any negative effects this may have. Also, if they have no record of receiving your amended returns you may need to resubmit upon closing which would also remove the worry about doing things improperly. Please refer to the IRS to be sure you should resubmit, however.

Refund Status

I purchased a home with my husband July 31st, 2009. I sent in only the 1040x and the 5405 forms on August 5th to the Kansas City MO address, and then called 2 weeks later to make sure that it was rec'd. They told me that it was rec'd August 11th, and that from August 11th it would take 12-16 weeks to process, and then up to 7-12 days after that for me to receive a check in the mail. So... I was hoping that at the latest, the first week or two in December would be when I would receive my check in the mail. My husband and purchased a home that needs a bit of roof work, and I was hoping to have that money before it really started snowing heavily this winter.

Well, after all I have been reading on here, I was starting to get really nervous about whether mine would get pulled for an audit and have the 16 week time period extended even further. So, I called the IRS and after getting the irritated response "Ma'am, you should be aware that it takes up to 16 weeks blah blah blah" that I was already QUITE aware of, I finally got them to look up my file and see if I would need to send in additional documents or anything.

I was pleasantly surprised when the person informed me that my amendment had already been processed and that a check was due to be mailed September 11th! That is exactly one month from when they told me they rec'd it, which I was astounded by. I had my husband call and check on his as well (we had filed separately in 2008) to see if his was being held up at all, and they said that his was due to be sent out the 11th as well.

The purchase price of our home was right below $80k, and I believe the reason that ours was taken care of so quickly was because we weren't asking for the full $8k refund... we were asking for about $3,850 each (around $7,700 total). I'm not sure, but I think that may have played a part.

The only thing left to worry about now is if they really will send the check out or not on Sept 11th! I will repost when/if I get it and let everyone know...

Good luck to all.

I do not believe that the

I do not believe that the amount has anything to do with the processing times. I have been waiting for 22 weeks for my check and it is for less than the full 8000. I did receive a letter today explaining that I would receive a response from them by October 20, 2009. This is ridiculous!!!! By that time I will have been waiting for 6 full months. Up until today I just couldn't figure out how people have been able to get their checks so quickly when others have been waiting and waiting. But, thanks to the information provided by someone below, they made it quite clear how this is happening. I am getting so frustrated by playing this waiting game!!!! My refrigerator is broken, my washer broke last week and my microwave is on the fritz. I am hoping to be able to repair and replace all of these major appliances with this check but their seems to be no end in sight. Good luck to everyone else during this ridiculous time of waiting. I just finished sending e-mails to the President, the Congressman for the state of Ohio, and my local representative. We'll see what happens!

IRS received my 1040X + 5405

IRS received my 1040X + 5405 in April. Bought a bank-owned, seller delay led to the amendment filing situation since closing dragged just past the customary Apr 15 tax deadline. Called the IRS after 16 weeks (August), was told that the case would go "under review" at the Kansas City proc. ctr. where it was filed. Contacted one of my Senators. The Senator's staffer filed a Congressional inquiry w/ the Taxpayer Advocate Service of the IRS, but lo and behold, the T A S called today to inform that the case went to audit and will not be decided until "another 6 months to 3 years from now." I specifically asked the T A S whether the escalation from review to audit was in retaliation for my Congressional inquiry, but they said no it's random. 20 years' tax filing history, no probs w/ the IRS previously ever, unique names / no identity theft etc., clear and straightforward homebuyer credit claim backed by public data accessible through my city's website. As with many stimulus initiatives of the new administration, the idea was good but the implementation unacceptable. Mishandled by a Federal runaway bureaucracy that doesn't react to a US Senator's written request. I am very surprised that and are the only website forums where this egregious problem is being aired. Lack of news coverage nationwide is deafening, compared to the much ado over the smaller-amount "Clunker" hoopla. I emailed the President repeatedly -- never even an auto reply from the "most transparent and accessible administration in history." Time to dump the "un-fixable without tax credits" ex-foreclosure back on the market, move back to a rental (the new American dream) and vote for a Third Party in the next election.

You cannot be for real

You cannot be for real about the 3 year thing.Please tell me that is not true. I am in review and if I go to audit and have to wait 6 months to 3 years I will lose my mind.

Sometimes it goes fast...

July 24: Closed on house
July 28th: Mailed the forms (5405 and 1040X)
August 29th: Received letter from IRS stating that the change had been made and I would be receiving my check or direct deposit within two weeks, plus interest.

For the record, I had to mail down to the California office. I thought that, with Cali being one of the bigger offices, it would take the full 12-16 weeks people here are quoting... but it went quite quickly. Pity... I guess I miss out on a month or two of interest.


I received a letter today stating that i would be receiving my refund.....but what am confuse on is the dates I spoke with the irs. friday they said it was mailed out that day Aug28th but i haven't receive the check but i receive the letter today and on the the letter its dated for aug31 and today is sept 1st. so how i received the letter the next day after that and not the check which was mailed last friday aug 28th.


Check recieved, August 31st.

I bought a condo on May

I bought a condo on May 8th...filed an amended return right away and the IRS received it on May 18th. It is now August 30th, still no money. I called about it about 2 weeks ago and was told that my return was "still being worked on." Someone tell me how the hell you can receive something over 3 months ago and not have it completed yet. It should not take this long! I have to wait until sept. 11th to call back according to them. 12-16 weeks is an insane amount of time for them to claim they have to complete these things. At this rate, I should have waited and e-filed again when I do my '09 tax return. That tends to go very smoothly, but this is ridiculous!

The IRS is a joke...they shouldn't exist anyway.

HUD statement/deed

Did the ppl that got theirs back in 4 -6 weeks send in copies of their HUD and Deed? Did any of the ones waiting over 12 weeks send in theirs?

I'm curious as to why some got theirs back so fast. I closed 7/10 and mailed my amended return with a copy of my HUD and my deed on 8/11. I'm not expecting it anytime soon but I'm curious if sending in HUD and/or deed speeds things up. I would think so.

just wondering

I bought a piece of property that had a mabile home on it but as soon as i bought it i demolished that place and bought a new mobile right away and had it put on the property as my first home. now my question is would they consider the home that was on the property as my first house even though it was destroyed after a month and never lived in or would they consider the new one as my first house?

How I checked the status of my stimulus check

I followed the advice of a few posters here and called 800 829-0582 ext 462. I was on hold for about 10 minutes. The rep was very nice and after spending several minutes validating my identity and being put on hold again while she looked up my status she was able to tell me when my check was due to be mailed and for how much. Like many other posters we are receiving interest (over $100). I filed without any tax specialist assistance on the day we closed on our house (late June) and did not mail in any closing documents other than the amended tax form and the stimulus form (other posters had said they needed a HUD form, but we did not). We are due to receive our check mid Sept. (about 10 weeks total). Despite being put on hold for a long time, the rep was pleasant and the call put our mind at ease. This forum was a big help to me. Thanks everyone.

what number do you call to

what number do you call to find the status of your paper work, I called a number the other night and never got through I was on hold for an hour. If someone could help that would be great!

Why can't I file when I settle??

I'm a first time home buyer, won't settle until 10/23 but my loan officer said I can't file for stimulus until I file my regular income tax after 1/31. Any comments or advise? It is an FHA loan.

Your loan officer is

Your loan officer is probably considering that the wait time has been extended to 12-16 weeks. So if you don't close until 10/23 and then even if you mail your amended return the same day, it more than likely will not be received for about 2-weeks by the IRS. Then the clock starts ticking. As someone who is a week off of a 17 week wait, I would take the advice of your loan officer and file it with your 2009 return. I have never waited more than 2-weeks for direct deposit of my regular tax return.

not true. You can file an

not true. You can file an amended return (1040X) along with the credit Form, and claim the credit from the tax you paid last year.

Your loan officer is wrong.

Your loan officer is wrong. Check with a tax person and they will tell you what to do. I just filed for mine and there is no need to wait. It is called an amended tax return and you can recieve the money around 6-12 weeks after you close.

Still Waiting...

We filed for our homebuyer tax credit at the beginning of May. Called the IRS after 12 weeks and they verified that they received it on May 11th. They told us at that time that it was still being processed and to call back in a couple of weeks if we still haven't received it.

Week 14 we called back. Still being process and to wait until 16 weeks has come and to call back.

Called back today and they said it was still being processed. The nice rep asked me if we were going through financial hardships. I told her not exactly. Just that our refrigerator stopped working 2 weeks after we moved in and we have been living out of coolers for 3 months now and we have 4 children. It is a pain and it is costly to always purchase ice on a daily basis.

The rep told me that since it has been 16 weeks she was going to send a letter to the person working on our file and ask for them to expedite it since we have been waiting so long.

ALSO, a little bit of info she filled me in on as to why some people are getting their refunds much faster than others who have been waiting 16+ weeks. She said that as files sit on a workers desk that new ones get added to it on a daily basis. So people who bought their houses recently have their files stacked on top of yours and they work on the top ones first.

I think it should be worked on in the order in which they receive them. Seems pretty irresponsible if you ask me. If I were to do my job as crappy as the IRS is doing their's I would be fired.

16 weeks and still waiting....

Same boat as you guys

I send my forms in April 2, 2009 and irs sent the paper work back to me again. I thought my husband was the only one that needed to sign the paper work for the tax credit and they said I was supposed to sign it too. So I signed it and returned it to irs and they received it on May 11, 2009. Irs agents said I would have to start new again and the date they use is May 11, 2009. I have not received anything yet and I feel we are just giving the round around when I ask how much longer. At first I was told 6-8 weeks and then I was told 10-12 weeks. I called them last week and the rep was rude and said I needed to wait the 16 weeks. I have not heard anything or seen anything in the mail. So I have waited 20 weeks for some sign of our tax credit and nothing in the mail. I am getting fraustrated with the waiting time and don't understand why other's get there refund faster then others.

Had to go to my congressman!

The IRS received my amended return on 6/15/09 - it was assigned to a reviewer on 7/23/09. I called and was told it would be 16 weeks from June 15th. I called on 8/18/09 to follow up and was advised the first reviewer could not get to it so it was reassigned which would add 16 more weeks on to the time frame. At first I cried (I have a yard full of dirt & need a patio badly). Then I got mad, I sent an email to both of my Senators & my Representative in the U. S, Congress. I received a call from my Representative's staff within 10 minutes and today a federal Taxpayer Advocate called me. She is going to ensure the IRS expedites the return. Don't get mad, email your elected officials and get answers. I asked why I was penalilzed because the IRS couldn't do their job in a timely manner. Why can't the IRS hire enough staff to do the job? A good question to ask. I am jealous of the folks who got theirs in 4 weeks -why was theirs so quick? Hmmmmm!


I think getting in touch with your congressman is a excellent idea. Although I am happy for the people that received their checks in 4 weeks it is a slap in the face to the ones that have been waiting for 12 plus weeks. They received my amended return on May 27th. I am still waiting and I just know that anyday I am going to get something in the mail requesting more info and it will take another 16 weeks. I could have sent them this info weeks ago but they have not contacted me. I have called and they really can't tell me anything. Instead of sending returns out for examination to sit on somebodys desk for weeks if they are questioning us then mail us something out right then and let us send the proof. This is the IRS and I find it hard to believe that they do not have access to everthing they need to prove that we have indeed bought a house and that we have not owned one in the last 3 years. I am past frustrated. And I feel deceived by the whole process. The whole purpose of this was to get people to buy houses and give them incentive we have done our part but are left waiting.I am from Arkansas anyone else on this forum from here please contact your congressman and see if they can help.

Tax Credit

My husband currently purchased a home from my mother and step father-in-law. There has not been a deed drawn up at this time but there has been a private mortgage drawn by an attorney. I am not on the private mortgage. Would my husband qualify for the tax credit? He has never owned a home before. My credit is horrible; his is better and we thought if we did a private mortgage in his name for at least two years he would qualify for a loan quicker.


Has anyone ever received there check after being reviewed / audited,if so how long did it take? I sent in my paper work in May and in July when I called they said I'm being reviewed / audited that's all the information they give me everytime I call. It's been 16 week and still waiting.


My amended return is in the examination process as well. I did receive the notice requesting additional documentation. I faxed it in on August 4, 2009. They do show that they received my information on August 6, 2009 and it has been assigned to an examiner. I got a letter yesterday explaining that my stuff was being looked at and to expect a response by October 20, 2009. Can you believe that? Another two months to look at my paperwork. So, if you are in examination expect it to be delayed for about 3 months longer once the paperwork is received. I have been waiting for 22 weeks and by the time October 20 rolls around it will be 6 full months from the day it was received originally.

No, purchases from family

No, purchases from family are not eligible.

Purchase from a related person

Purchase from a related person does not qualify. A related person is a. Your spouse, ancestors (parents, grandparents, etc.), or lineal descendants (children, grandchildren,

You need to read the

You need to read the instructions. It says you can not buy a house from a relative. Being an inlaw is a relative.

I mailed my amended return

I mailed my amended return to Atlanta, GA on June 1st and IRS received docs on June 4th. It has been 12 weeks and I am still waiting. Called August 24th and my paper work still hasn't been processed. I was told not to call back until after October 2nd. I'm getting frustrated!

Yes, you are in good company

Yes, you are in good company with your wait. It seems to depend on where you were asked to send your return. Those that landed in Fresno, CA are the worst, with mine being sent to Kansas because of the overload. Sheesh.

Call every week, get the

Call every week, get the agents name and ID, write down date of call, time of call.
Ask if your return is being processed or held in an audit, make them tell you.
Also just heard on the news that the Cash for Clunkers program on the $4500. received, the IRS is going to show the $4500. as earned income on your taxes this yr.
So we should be prepared for that to be on the Homebuyers credit also.
I'll bet they do it.
I do taxes and this is going to be something to watch very closely.

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