Discussion:E-file & first time homebuyer credit

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Revision as of 20:09, 6 March 2009
Kathyt (Talk | contribs)
(Just in case any)
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Revision as of 23:28, 6 March 2009
Taxestaxes (Talk | contribs)
(Not for sure how)
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Side note - I seldom have to call Lacerte & I've heard many people complain about the wait time when calling, but I was only on hold for less than one minute. }} Side note - I seldom have to call Lacerte & I've heard many people complain about the wait time when calling, but I was only on hold for less than one minute. }}
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 +{{ForumReplyPost|UserID=Taxestaxes|Date=6 March 2009|Text=Not for sure how true that is. I just went thru the efile steps and was able to send a return for someone who just purchased home and choose to take the credit on 2008 return. Now IRS may hold it up, but my program let me efile it? I use Tax Act.}}

Revision as of 23:28, 6 March 2009

Discussion Forum Index --> Basic Tax Questions --> E-file & first time homebuyer credit
Discussion Forum Index --> Tax Questions --> E-file & first time homebuyer credit

Kathyt (talk|edits) said:

6 March 2009
This is my 1st return with a 2009 home purchase and Lacerte's diagnostics says that I have to file it as a paper return "until the IRS system is updated, the reutrn will be rejected with a credit amount greater than 7,500 and must be filed as a paper return." Are we really waiting for the IRS to update or is it just waiting for Lacerte to update? Has anyone else been able to e-file one of these 2009 purchases? My client is in a real hurry for the cash so if it's just a Lacerte thing then I'll suggest he go someplace else so he can e-file now, but if it really is the IRS then nobody can e-file now and he can either wait or file a paper return.

Kathyt (talk|edits) said:

6 March 2009
Just in case anyone else comes across this, I called Lacerte and they the IRS hasn't updated the system yet so nobody can e-file one of those returns. He also said it is not high priortiy for the IRS so it might be a while.

Side note - I seldom have to call Lacerte & I've heard many people complain about the wait time when calling, but I was only on hold for less than one minute.

Taxestaxes (talk|edits) said:

6 March 2009
Not for sure how true that is. I just went thru the efile steps and was able to send a return for someone who just purchased home and choose to take the credit on 2008 return. Now IRS may hold it up, but my program let me efile it? I use Tax Act.