Tax Credit Second Home
March 27th, 2010
Question: First time home Buyers Tax Credit?? HELP To EXPLAIN!?
OK. first off. If i file my taxes this month, will i get the tax credit this year(with my tax refund) or next year?? Or does it depend on something. SECOND can i use the money for something else?? Or do i HAVE to buy a home. Cause ive heard several people say you dont have to use it on a home.! Last thing, do i have to pay it back.? I dont own a home. THANK YOU
Answer: If you buy your first house this year, you will get the credit when you file your 2009 taxes next year. It’s $8,000 and it does not have to repaid. The 2008 credit was $7,500 and that was required to be repaid. You can’t get if you don’t buy your first house. That’s it.
UPDATE: Calif. Expected To Pass Second Home-Buyer Tax Credit
UPDATE: Calif. Expected To Pass Second Home-Buyer Tax Credit
BEAUTIFUL 25 ACRE HORSE FARM FOR SALE!!! Illinois Possible $8000 or $6500 Tax Credit
Posted in 
Tags: