Update on the Homebuyer Tax Credit

Because of the rampant scamming of the system, Congress changed the rules when they extended and expanded the homebuyer tax credit. Now, according to this CNNMoney article, "buyers must now file documentation with their taxes -- including proof of residency, a signed mortgage statement and drivers license -- which the e-file system is not equipped to handle."

However, now taxpayers claiming the credit cannot e-file, and they can expect delays of a few months before receiving the credit. Seems like a reasonable request for the government to actually require documentation, and a reasonable burden for a taxpayer to bear in order to get $8,000.