P.R., you may file an amended 2008 tax return on Form 1040X. (Form 1040X is ... credit is based on 10% of the sale price not to exceed $8,000. Your individual income cannot exceed $75 ... Read more
Currently, you have a little over 120 days to find, finance and close a home to ... for the $8000taxcredit. Certain agencies have either grant money or advance money to allow it for downpayment ... Read more
Excellent question. You should really get with your tax advisor for the answer. ... to repay the credit to the extent that you have a profit if you sell your home. Contact your tax advisor ... Read more
Hello,There are other questions I need to ask you before giving you an answe ... as you pay taxes here and fall into the other qual catorgies. The only people who can not qualify ... Read more
here is where you can get direct answers: http://www.irs.gov/newsroom/article/0, ... the credit will be paid out to eligible taxpayers, even if they owe no tax or the credit is more than the tax ... Read more
Yes, I have been told by our advisors that you must close on your home by ... -550-1953 Mark Risting do i need a realtor to get the 8000taxcredit? Onelove ... Read more
I am looking to buy a new home with my wife. The current home i have is in my ... buys a home in her name and not mine will she qualify for the $8000taxcredit? Jesse_55 Jesse, I ... Read more
What questions do you have? Anthony Allen Refundable: The credit is ... ,000 in order to get the $8,000 home buyer taxcredit at closing.Good luck to you Shanel Lanre Folayan ... Read more
I assume by deposit, you mean down payment. I'm not sure there is a way to use ... of the escrow deposit. You essentially get an advance on your taxcredit. Some lenders are participating ... Read more
Hi Rachel - Sorry but no, you would not qualify. The tax credit is for first tim ... price up to a maximum of $8,000.Are there any income limits for claiming the taxcredit ... Read more
Unfortunately, yes. You are going to have to pay back the money over time. I ... ://www.floridarealtors.org/NewsAndEvents/n1-021709.cfm , somewhere around the 10th paragraph, that claimed a taxcredit could be taken ... Read more
Dan - You have until Novemeber 30, 2009 to close on the home to qualify. ... of the $8000taxcredit:http://www.subphillyhomes.com/2009_Housing_Tax_Credit/page_2189910.html ... Read more