If you've looked on line lately to see if the Internal Revenue Service has gotten around to publishing a new Form 5405 so your clients can file for their First Time or Move - On Home-buyer Tax Credits for purchases that closed after November 6 , 2009, you know they haven't.
It you go there you'll STILL see this notice:
Information regarding the 2008 Form 5405
First-Time Homebuyer Credit
Changes have been made to the first-time homebuyer credit by Public Law
111-92, the Worker, Homeownership, and Business Assistance Act of 2009,
which was enacted on November 6, 2009.
As a result, this 2008 Form 5405
can be used only for homes purchased before November 7, 2009, for which
you choose to claim the credit for 2008. We will issue a new revision of
Form 5405 soon.
The new revision must be used for all homes purchased
after November 6, 2009 (whether the credit is claimed for 2008 or for 2009)
and for all claims on 2009 returns for homes purchased any time in 2009 or
in 2010.
But SURELY they will be getting it out there for the public to use...say, by the end of the month -- when employers are required to get W-2's or 1099's to us all.
SURELY they will.
************
Jim Hale
Principal Broker
Graduate, REALTOR Institute e-PRO
actionagents.net
1715 Linnea Avenue
Eugene, OR 97401-1962
Office: 541-484-0219
Direct: 541-543-9991
Fax: 541-485-8068
www.actionagents.net jim@actionagents.net
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