Home Buying in 45369>Question Details

Joey Knisley, Home Buyer in South Vienna, OH

I am buying a home for 79,900. will i be able to get the 8,000 back this yr. or do i have to wait until 2010?

Asked by Joey Knisley, South Vienna, OH Fri Feb 20, 2009

Help the community by answering this question:


Hi Joey!

If you close on this home in 2009, then yes, you must wait until you file your 2009 taxes - in 2010. Also, you won't necessarily get $8000 "back", as it is a tax "credit". For more information, go to http://www.federal housingtaxcredit.com.

Warm Regards,
Dee Nofziger
0 votes Thank Flag Link Fri Feb 20, 2009
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