extended: 90 Days Left to Find Your First Home and Receive Tax Credit!
- 01/25/10 04:30 AM
FIRST TIME BUYERS Credit: Equal to 10 percent of the home's purchase price, up to $8,000 Who Qualifies? Those who haven't owned property in the last three years Those with income up to $225,000 for couples or $125,000 for individuals (credit phases out for people who make more than these amounts) Must be at least 18 years of age to claim credit Purchase price must be $800,000 or less Deadlines: Have until April 30, 2010, to enter into a contract for a home purchase Have until June 30, 2010, to close on the purchase CURRENT HOMEOWNERSCredit: Equal to 10 percent of the … (1 comments)
Buyers who have not owned a principal residence during the 3 year period prior to purchase Existing home owners who have been residing in their principal residence for at least 5 consecutive of the last 8 years and are purchasing a home to be their principal residence may be eligible for up to $6,500 tax credit. All citizens that file their taxes are eligible What are the Income Limits?
Home Buyers that file as single or head of household taxpayers can claim the full credit up to $8,000 for … (0 comments)
FIRST TIME BUYERS Credit: Equal to 10 percent of the home's purchase price, up to $8,000 Who Qualifies?
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