tax credit: Federal Tax Credit for Home Buyers - 04/07/09 08:19 AM
Homebuyer Tax Credit Forms and Rules Now in Place  
For the purpose of this credit, a first time homeowner is defined as one who has not owned a home for the 36 months ending on the date of purchase.
The Treasury Department has moved at record speed to implement one piece of the new American Recovery and Reinvestment Act of 2009 (aka the Stimulus Act).
The Treasury Department and the Internal Revenue Service which will manage this credit announced on Wednesday, February 25th,  that forms and regulations are already in place for homebuyers who wish to claim the first-time credit enabled under … (0 comments)

 

Elaine Cerrato

Ocean City, MD

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Coldwell Banker

Office: (410) 723-8543

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