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first time home buyer tax credit: FAQ - $7,500 Tax Credit for Georgia's First Time Home Buyers* - 08/09/08 05:42 PM
Kay, 404-298-5500, Georgia Mortgage Consultant Thousands of Georgia first-time homebuyers may be eligible for a $7,500 tax "credit." There are important things you should know, in order to determine if you qualify for this "credit." Here are the answers to frequently asked questions. What is a tax credit? A tax credit is a credit that reduces your overall tax liability. With a refundable tax credit, you may actually get money back. For an explanation of the differences between tax credits and tax deductions, please click here. How much is the first-time homebuyer tax "credit"? With the tax credit, a Georgia first-time … (0 comments)

 

Kay, GA Mortgage Advisor - VA Specialist

Lithonia, GA

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Kay, GA Mortgage Officer & VA Specialist

Office Phone: (404) 298-5500

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