The Federal Housing Tax Credit is ending soon for most:
But there is good news for Qualified Military!!
- "Qualified service member" means a member of the uniformed services of the U.S military, a member of the Foreign Service of the U.S., or an employee of the intelligence community.
- "Official extended duty" means any period of extended duty outside of the United States for at least 90 days during the period beginning after December 31, 2008 and ending before May 1, 2010.
For More Information visit http://www.federalhousingtaxcredit.com/service_mem.php
This information does not constitute professional tax advice. Consult your tax preparer prior to submitting your tax return to make sure you and your housing transaction are legally able to claim the Federal Housing Tax Credit.