il: First-Time Home Buyer Tax Credit - Time is Running Out
- 08/31/09 03:56 AM
First-Time Home Buyers - Time is Running Out to qualify for your $8,000 Tax Credit This past month, I've seen headlines proclaiming "120 days left", "115 days left", "95 days left" for the $8,000 First-Time Home Buyer Tax Credit. Sure, this program is in effect through the end of November, but those headlines are misleading. To qualify for the credit, the IRS defines a first-time home buyer as someone who has not owned a principal residence during the past three years. The full credit is available for single taxpayers with incomes up to $75,000 and married couples, with incomes up to … (3 comments)
Author Bio: Marilyn Katz writes about real estate and Westport, CT. In her blog she highlights community amenities, events and activities and offers insight into the local real estate market. In her real estate practice she works with buyers, sellers and renters in Westport, CT and the surrounding communities.
First-Time Home Buyers - Time is Running Out to qualify for your $8,000 Tax Credit
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