firsttime home buyer tax credit: The new First-time home buyer tax credit...
- 02/17/09 01:42 AM
The new First-time home buyer tax credit as we understand it here at NP Dodge... FIRST-TIME HOME BUYER CREDIT If you are a first-time home buyer, you are eligible for a refundable tax credit equal to 10 percent of the purchase price of your home, up to $8,000. Here are some of the details contained in the 787 billion dollar "American Recovery and Reinvestment Act" which President Obama signed on Tuesday in Denver: The fact that the credit is "refundable" means that the tax credit refundable, or claimable regardless of your tax liability You must make your home purchase after Jan. (0 comments)