Monday, February 23, 2009

$8,000 Home Buyer Tax Credit at a Glance




• The tax credit is for first-time home buyers only.
• The tax credit does not have to be repaid.
• The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000.
• The credit is available for homes purchased on or after January 1, 2009 and before December 1, 2009.
• Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.

Learn More at:

http://www.federalhousingtaxcredit.com/2009/home2.html

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