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IRS probing home-buyer tax credit claims: report

</head> <body> <p>(Reuters) - The U.S. Internal Revenue Service is probing more than 100,000 doubtful claims of a tax credit meant for first-time home buyers, the Wall Street Journal reported on its website on Tuesday.</p> <p>The $8,000 tax credit for first-time home buyers under the American Recovery and Reinvestment Act was passed in February to help prod the U.S. economy back to life.</p> <p>Lawmakers have expressed concern that significant number of claims might turn out to be fraudulent, the paper said.</p> <p>The IRS was investigating 167 "criminal schemes" involving the credit, according to the House Ways and Means oversight subcommittee, the paper said.</p> <p>The IRS was not available to comment.</p> <p>(Reporting by Sakthi Prasad in Bangalore; Editing by Dan Lalor)</p> </body> </html> </div><!-- end article-body --> </div><!-- end aticle-body-wrapper --> <aside> <ul class="social-share-btns clearfix"> <li><g:plusone size="medium" 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