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Your Money: Homebuyer Credits and Tax Refunds

 

Can people who received last year's first-time homebuyer credit apply for the new one this year? And what if you filed your taxes early, but rather than a refund were instead informed that your return is being reviewed. What should you expect?

These are just a couple of the concerns that AP personal finance writers tackle in the latest installment of "Your Money." If you have a personal finance question that you'd like to see answered, send it to yourmoney(at)ap.org. Please include your full name and hometown so they can be published with your question.

Q: If someone already received $7,500 for the first-time homebuyer credit, can they also receive the $8,000 credit that is part of the new stimulus plan? ...

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