buyers credit: New $ 8,000.00 Buyer's Credit
- 02/19/09 02:23 AM
For those first time buyers in the Henrietta, Mendon and Pittsford, NY areas, the bill has passed for a $8,000.00 buyer's credit, filed on your tax return. The terms are similar to the recent $ 7,500.00 credit, except that this one doesn't have to be repaid, if you live in the principal residence for 3 years or longer. There are phase outs for singles that earn $75k or more, or for married couples earning $150k or more, details are still coming in. For tax purposes, a purchase between the qualifying timeframe of Jan.1, 2009-Dec.1, 2009 can be considered as purchased on (0 comments)