First-Time Home Buyer Tax Credit Highlights
- The tax credit is available for first-time home buyers only. (have not owned a principle residence in the last three years)
- The maximum credit amount is $8,000 . This does not have to be repaid as long as the home is owned for a minimum of three years.
- The credit is available for homes purchased on or after January 1st, 2009 and before
December 1st, 2009.
- Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.
Please fill out the request to the right for your free “Guide to Using Tax Credits to Purchase a Home”
|
|