Nabbed! Prisoners Claimed Tax Credit
You knew there would be fraud surrounding the homebuyer tax credit, but the news that prisoners claimed the tax credit either infuriated you or made you laugh — laugh at the ridiculousness of the situation.
The report found that $9.1 million went to 1,295 prisoners who were incarcerated at the time they reported that they purchased their home. These prisoners did not file joint returns, so their claims could not have been the result of purchases made with or by their spouses.
Here’s the punch line: 241 prisoners who claimed the credit are serving life sentences.