Real Living Real Advice about the first time home buyer tax credit

Columbus First Time Home Buyer Tax Credit - More Real Advice Tax Credit Income Limits

Who is eligible?

Single buyers with incomes up to $75,000 and married couples with incomes up to $150,000 are eligible to receive the maximum tax credit.

From the National Association of Realtors


"If the Buyer(s)’ Income Exceeds These Limits, Can He/She Still Get a Credit?


Yes, some buyers may still be eligible for the credit.

The credit decreases for buyers who earn between $75,000 and $95,000 for single buyers and between $150,000 and $170,000 for home buyers filing jointly. The amount of the tax credit decreases as his/her income approaches the maximum limit. Home buyers earning more than the maximum qualifying income—over $95,000 for singles and over $170,000 for couples are not eligible for the credit."

More information on the first time home buyer tax credit for Columbus home buyers

First Time Home Buyer Tax Credit - the chart.  Also from the National Association of Realtors.

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3 Comments on Columbus First Time Home Buyer Tax Credit - income limits

MAY
09
391,878 Points 3 Featured Posts Outside Blog

Good post Maureen....some people would believe that first timers or folks who qualify must have a far lower income....blog on...send us sunshine !

7:36am • #2
MAY
10
409,475 Points 34 Featured Posts Outside Blog

Hi Maureen... the income limit is the piece of this news that rarely seems to get out clearly.  Thanks for doing just that!

1:35am • #4

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Maureen McCabe Central OH Homes

Columbus, OH

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Real Living HER Worthington MaureenMcCabe.com

Address: 6902 N. High St. , Worthington , OH, 43085

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A blog written by an agent with Real Living HER in Columbus Ohio.


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