I RECENTLY BOUGHT A HOME IN OCT OF 09, SENT IN ALL REQUIRED PAPER WORK AS PER A GENTLEMAN AT THE IRS HOTLINE, AND WAITED FOR 4 MONTHS BEFORE GETTING A LETTER STATING THAT THEY NEEDED MORE INFO. IN FEB 10 SENT MORE INFO. IN MAR WAS INFORMED I WAS BEING AUDITED AND WOULD HEAR FROM THEM WITHIN 30 -60 DAYS. WAS VERY UPSET. IN MAY OF 10 I WAS FULLY DENIED MY TAX CREDIT OF $8000.00.
CALLED IRS AND TALKED TO A LADY WHO AFTER LOOKING AT ALL AVAIL DOC'S COULDN'T SEE THE REASON FOR THE DENIAL. SHE COULD NOT DO ANYTHING AS IT NEEDED TO GO BACK TO THE ORIGINATING AUDITOR. SHE WROTE UP A NOTE INFORMING THE AUDITOR OF THE MISTAKE WITH MY INFO AND I AM NOW STILL WAITING FOR ANY RESPONSE. I FEAR THAT THE ONLY RESPONSE I WILL GET WILL BE IN LETTER FORM IN THE MAIL WITH THE 30 - 60 DAY WE WILL RESPOND. I BOUGHT A HOME WITH THE INTENTION OF USING THAT TAX CREDIT TO FIX UP HOUSE AND PAY BACK BORROWED PERSONAL LOANS THAT WERE REQUIRED TO PUT DOWN PAYMENT. THIS TAX CREDIT IS GETTING TO A POINT WHERE THE AVERAGE PERSON WILL HAVE TO WAIT APPROX A YEAR BEFORE GETTING THE TAX CREDIT. NOT AT ALL WHAT I WAS EXPECTING FROM THE ADVERTISING PUSHES FOR EVERYONE TO GO OUT AND BUY A HOME.

We completed the purchase of my personal residential home at the end of July, and applied for the first time home buyers credit of $8, 000 that we are entitled to. We owed no taxes for 2008 nor will we owe any for 2009. We submitted the required proof of the home purchase and have been advised that we will not get a response or rebate until sometime in November 2009. They are dragging their feet for no reason. Anyone else in this boat...we need to get them on the stick. Matt DePaolo