First-Time Homebuyers Can Access Tax Credit!

If you are considering purchasing a home and you are a first-time home buyer you may be able to access an $8,000 tax credit!!  The highlights of the tax credit are:

• 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.

If you would like more information consult your tax professional or check out this website:  http://www.federalhousingtax credit.com

 

Info:

Article published on Mar 17, 2009