Tax Credit Info

Tax Credit Info

Question: $7,500 First Time Homebuyer Tax Credit?

I qualify for the $7,500 first time home buyer tax credit. I have already done my taxes through Turbo Tax. I did not enter the credit because Turbo Tax did not have the credit info or fields, or at least I did no see them. Can I Still get the tax credit, and if so what forms do I need?

One thing, I cannot get into my TurboTax file for 5 weeks since I did my taxes at my in-laws and I will not be back there for a while. I did however print out my 1040 if I can mail the info in.

Thanks!




Answer: Well turbo tax does have it, the problem with it is that you have to search for it on the search bar. You just type first time home buyer credit and it comes up right away. I had the same problem even after it asks if you bought a house in 2008 it doesn’t give you the option to do it unless you search for it. I’ve been using turbo tax for years and this is the first time i had a problem with it. Either way your 1040 will be completely different so i would just wait until. you got back to your in-laws. Good luck

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