$8k tax credit-former spouse owned home in 2007

Curiousp
Home Buyer
94608

my former spouse owned a home that was sold in 2007 in Indiana which is not a community property state. We are now divorced; would I be eligible as a first time home buyer in California? I see that the qualifications say spouse...how does it work in my situation? Any help would be appreciated.

Answers (3)
Scott Ward
Agent
Oakland, CA

Hi.

I think you would be eligable for the 8k - I would call a Title Company - here is one that I find super helpful - Eden Toothman @ 510.527.2453

Good luck and let me know what you find out -


Scott
415.225.4593

Thu Jun 11 2009, 15:48
Steve Ornellas:...
Broker
Fremont, CA

Hi Curiousp,

I agree with Vicky, and here are some sites to do some research regarding your situation:

http://www.irs.gov/newsroom/article/0,,id=206294,00.html First-Time Homebuyer Credit: Scenarios
http://www.irs.gov/newsroom/article/0,,id=206293,00.html First-Time Homebuyer Credit: 2009 Scenarios
http://www.federalhousingtaxcredit.com/2009/faq.php#1 NAHB FAQ for the $8K tax credit

Best, Steve

Thu Jun 11 2009, 13:40
Vicky Chrisner
Agent
Leesburg, VA
FIRST ANSWER

Call the IRS or a tax attorney to be sure, but I suspect you're OK if your name was never on the deed or mortgage and your husband (now ex) was and is the one claiming the mortgage interest deduction.

Thu Jun 11 2009, 13:35

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