Military Veterans Earn one-Year Federal Tax Credit Extension

Real Estate Agent with HomeSmart Realty West BRE #01786169

Military personnel, members of the Foreign Service, and employees of the intelligence community have an extra year, through June 2011, to buy a principal residence in the U.S. and claim the federal tax credit. The deadline for entering a binding contract is April 30, 2011; the deadline to close a purchase is June 30, 2011. The extension applies to any individual (and, if married, the individual’s spouse) who serves on qualified official extended duty service outside of the United States for at least 90 days during the period beginning after Dec. 31, 2008, and ending before May 1, 2010. All other home buyers must be under contract by April 30, 2010 and close by June 30, 2010 to qualify for the federal tax credit.

Comments (1)

Don Spera
CR Property Group, LLC - East York, PA
Serving York and Adams County, PA

Hooray!  I am so glad to see that our men and women in uniform are being treated with much more respect.  The government needs to keep their eyes open, as these are the individuals that have kept our country safe in out of harms way.

Apr 27, 2010 06:33 PM

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