Brought to you by WBIW News and Network Indiana
Last updated on Tuesday, January 13, 2009
(UNDATED) - W2’s are starting to arrive in area mailboxes, prompting the Internal Revenue Service to issue some advice on getting new tax credits and deductions.
IRS Spokesperson Eric Erickson some Hoosiers are eligible to receive a first-time homebuyer credit worth up to 7,500 dollars. Others may qualify for a recovery rebate credit if they did not get an economic stimulus payment, had a child in 2008 or experienced a change in income level.
He reminds taxpayers who are behind on payments and need assistance to contact the phone numbers listed on their IRS correspondence. He says the IRS is willing to help taxpayers find a solution in a downturn economy.
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