$8000 First Time Home Tax Credit

By
Real Estate Agent with Keller Williams

Realty Times published an update on the IRS guidelines for receiving the $8000 Tax Credit. In 2009, you could file electronically and get your refund (most of these were amended returns) but if filing in 2010, you must file a paper return. Slows the process down (they need to hang on to as much money for as long as they can). I'm hearing it's taking anywhere from 4-6 weeks for the credit to reach the taxpayer. Check the link below for the update.

http://realtytimes.com/rtpages/20100225_taxcredit.htm

 

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