$513M in home buyer tax credits misused

t qualify as first-time home buyers. Other credits went to prison inmates, taxpayers younger than 18 and people who did not actually buy homes.

The popular credit provided up to $8,000 to first-time home buyers and up to $6,500 to qualified current owners who bought another home during parts of 2009 and 2010.

The IRS said it worked hard to enforce a complicated tax credit that provided more than $27 billion to almost 3.9 million taxpayers.

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