Once more, the government has extended the First Time Homebuyer's Credit. What is important about this extension is that a taxpayer must have purchased the home before May 1, 2010- that portion of the credit requirement did not change. The change, called the Homebuyer Assistance and Improvement Act...
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Taxingly Simple by Tiffany
by
Tiffany
on
07-21-2010
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Filed under: first time homebuyers, Home Tax Credits, first time homebuyer credit, Linked-In, New First Time homebuyer credit, #li, IRS, Tiffany Dodson, #ln, taxingly simple, individual income taxes
Have you ever been on “YahooAnswers!”? It is a forum for people to ask questions and get answers on a variety of topics, including tax issues. As someone who answers tax questions, I see numerous posts about the First-time home buyer credit, especially as we approached the original November...
Posted to
Taxingly Simple by Tiffany
by
Tiffany
on
11-20-2009
Filed under:
Filed under: first time homebuyers, Home Tax Credits, first time homebuyer credit, Home, American Recovery and Reinvestment Act, ARRRA, Linked-In, 11/06/2009, Obama homebuyers, New First Time homebuyer credit, extended deadline homebuyers
So, you just purchased your first home and you’ve heard something about a tax credit, but aren’t sure how to get the credit? Well, let me make the First Time Homebuyers credit simpler to understand. This is one tax credit where the name says it all- it is for first time homebuyers. That may...