housing and economy recovery act or 2008: First time home buyers
- 10/25/08 05:57 AM
If you are a fist time home buyer, time is running out to take advantage of the $7,500 tax credit you may be eligible for when submitting your 2008 income tax. If you qualify as a first time home buyer, this may benefit you. •· The tax credit is available for first-time home buyers only. •· The maximum credit amount is $7,500. •· The credit is available for homes purchased on or after April 9, 2008 and beforeJuly 1, 2009. •· Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax (0 comments)