The income limits are outlined as incomes up to $75,000 for an indiviudal and $150,000 for couples. You sould talk over your individual income and qualifications fo the tax credit with your mortgage and tax professional to make sure you understand your specific circumstances.

Dear Break6 :)

Here is what a pro told me..

Income limitsFull credit for individuals with a modified adjusted gross income of $75,000 or less ($150,on a joint return); partial credit for income from $75,000 to $95,000 ($150,000 to $170,000 on a joint return.

Monika
703 626 3327

Hi,

It is my understanding that the credit is AGI (adjusted gross income)of $95,000. Of course it's best to ask you tax provider for clairification, However attached below is a quick FACT SHEET about that is used by the National Association of Home Builders.