The Internal Revenue Service continues to fail in stopping many bogus claims for residential energy credits, according to Treasury inspectors.
They found that the Service didn’t balk at credits taken on returns by people who didn’t own a residence, were under the age of 18 or were incarcerated. (These are the people to supervise the handling of medical insurance)
The agency will continue to review returns filed by prisoners and children who inspectors found were erroneously taking the credit. They also plan to revise Form 5695, so claimants must list the home on which the energy-saving improvements were made.