First-Time Homebuyers
Expanded Tax Break Available for 2009 First-Time Homebuyers
WASHINGTON — The Internal Revenue Service announced today that taxpayers who qualify for the first-time homebuyer credit and purchase a home this year before Dec. 1 have a special option available for claiming the tax credit either on their 2008 tax returns due April 15 or on their 2009 tax returns next year. Qualifying taxpayers [...]
Tax Credit to Aid First-Time Homebuyers
Tax Credit to Aid First-Time Homebuyers; Must Be Repaid Over 15 Years WASHINGTON — First-time homebuyers should begin planning now to take advantage of a new tax credit included in the recently enacted Housing and Economic Recovery Act of 2008. Available for a limited time only, the credit:
