1: Additional $1,800 Tax Credit for Georgia Buyers
- 06/05/09 04:06 AM
Georgia buyers can now receive an $1,800 tax credit in addition to the $8,000 federal tax credit. Governor, Sonny Perdue, signed House Bill 261 on May 11, 2009.
The $1,800 tax credit is only available for six months; you must close on a home between June 1 and November 30, 2009 to receive this credit. Here are the other important details: AMOUNT: the credit is equal to either 1.2% of the purchase price or $1,800, whichever is lesser WHO QUALIFIES: this credit is for ANYONE purchasing a home between the deadline--NOT just first-time home buyers! HOW DO YOU RECEIVE IT?: (6 comments)