Tax Credit Extended Until April 2010
December 26th, 2010
Question: First Time Home Buyer Tax Credit?
okay so i know that’s it’s been extended through april but my question is if i will be able to claim my tax credit on 2009 tax return. I am in the middle of escrow right now and it’s expected to close on Dec. 28th. But just in case there is some delays it might go into early january… if it does will i be able to claim it on the return? and if i’m not able to when would i receive the tax return, will i have to wait until 2010 tax return because i know a few people who have just got a home and they received there checks within a couple months of closing escrow and didn’t even have to wait for there tax return…help?
Answer: If you don’t close until January, you can still file for the credit when you file your 2009 return as long as you’ve closed by the time you file.
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