Nearly 1,300 prison inmates applied and received the Homebuyer Tax Credit while sitting in a jail cell. 241 of the prisoners are serving a life sentence.
That check will buy a lot of cigarettes.
The irony is, what is the IRS going to do? Threaten them with a trial?
Nevertheless, 1,295 prison inmates were able to get $9.1 million in credits, in part because the IRS does not keep up-to-date records of who is in prison, the IG’s report said. None of the inmates filed joint returns, so the claims could not have been for purchases by spouses.
The IRS said that while many prisons voluntarily provide information about inmates, they are not required to do so.
“When IRS has reliable data, we do a very effective job of using it to ensure compliance,” IRS spokesman Frank Keith said. “When IRS does not have reliable data, it is a much more difficult process for us.” via CNBC
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Loved the post. Do you think our system is broken?
That's crazy. They try so hard to ruffle the feathers of the people thats out here working hard that they let the real criminals slip through the cracks