Still Waiting For Your Tax Return? Computer Snafu To Blame

PHILADELPHIA (CBS) – Taxpayers here and around the country are finding their returns delayed because of an IRS computer problem.

If you bought a house in 2008 and claimed the first-time homebuyer tax credit you must now start repaying the $8,000 credit but the IRS is having a problem processing some of the claims.

Anna Sachs, a Bryn Mawr certified public accountant, says several groups are affected.

“Married filing joint taxpayers who received this credit, also taxpayers who received the credit and may have sold the home they have to recapture the credit and also those that may be attempting to pay back more than the required amount,” Sachs said.

IRS officials are working to update their computer software to handle the problem. In the meantime, they’re manually processing returns which is causing a delay.

Reported by Lynne Adkins, KYW Newsradio

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One Comment

  1. Mac says:

    I filed my tax return on the 13 of March,and I was told through “where’s my refund” that my money was going to be direct deposited on the 18th of March.But now when I check “where’s my refund” it says that “there’s a delay in processing my return.They also says that I should mention code 1201 whenever I call them but I can’t get through to them.What’s code 1201 for?

  2. mike says:

    this article is missing information! Are they saying that the efile is delayed or is it just for the home tax tax credit? Though I have been waiting 9 days for my return to show up on my bank account…… please clarify what return the artlice is talking about!

  3. Mary Fran Torres says:

    I am one of the people affected by this “snafu.” I would more accurately call it a nightmare, since the customer service people at the IRS have been absolutely no help. The best source of information, for me, has been a group of other angry taxpayers on Facebook. And the 2008 credit was $7500, not $8000. The people who filed for the credit in 2009 and 2010 got more and they don’t have to pay theirs back!

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