Archive for June, 2010
Tax Credit New Car Purchase 2009
June 1st, 2010
Question: Is the 2009 car tax credit just for the purchase of new cars or does it also work on auto leases?
Answer: Leasing a car does not qualify for the new car sales tax deduction.
Stephanomics
Inflation is well above target. Should we worry?
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TurboTax Home & Business Federal + State + Federal efile 2009 $42.89 TURBOTAX HOME & BUSINESS WITH… |
GloriousNationalPartyBriefing02/16/2009
Posted in Car Tax Credits | 
Tags: credit, creditreport, finance, free, report, tax credit new car purchase 2009 | 
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Homebuyer Tax Credit Signed
June 1st, 2010
Question: first-time homebuyer/married couple tax credit?
My gf and I recently “bought” a townhouse in Bay Area of california.
We have signed the purchase agreement, but have not closed on
the purchase (house won’t be done until June). I wonder if we will
still qualify for the federal tax credit – looks like if we can close by
june 30th this year, we will be ok? Furthermore, my girlfriend’s name
is on your parent’s house, and would that affect our eligibility as well?
Thanks in advance on any tips and answers.
Answer: Not sure about the deadline but if her name is on her parents house she may not qualify. I’m not sure if BOTH of you have to qualify for one of you to get it though. Maybe you could file seperately and you receive the credit and split it with her or however you work out your finances.
Home sales boost may not last
WASHINGTON — A now-expired homebuyer tax credit and low mortgage rates helped boost sales of previously occupied homes in April. The improvements aren’t likely to last.
First Time Home Buyer Tax Credit