Posts Tagged ‘definition’
Tax Credit Low Speed Vehicles
August 3rd, 2011
2002 JEEP WRANGLER 2dr X * LOW MILES * CarFax Certified
Posted in Car Tax Credits | 
Tags: 2009, definition, homebuyer, low speed, speed vehicles, tax, tax credit low speed vehicles, tax credit low speed vehicles 2010, tax-credit, time | 
No Comments »Tax Credit Low Speed Electric Vehicles
May 6th, 2011
Electric car offers alternative to high gas prices
On the outside, the THINK City electric car looks like a life-size toy. Behind the wheel, though, it drives like a regular car, albeit with a few minor differences.
The Business Opportunity in a Low-Carbon Energy Economy
Posted in Car Tax Credits | Tags: 2009, definition, electric vehicles, homebuyer, tax, tax credit low speed electric vehicles, tax-credit, time | No Comments »First Time Homebuyer Tax Credit Audit
September 18th, 2010Auditors find problems in tax-credit records
The federal homebuyer tax-credit programs have been widely praised for stimulating real-estate sales, but they are also reviled by critics who see the credits as a multibillion-dollar waste of the government’s money.
Definition Tax Credit
August 25th, 2010
Question: Do I qualify for the 1st time home buyer tax credit?
While going through a divorce I moved from my home 8/1/06 (I have a signed lease for my new residence) and it sold 03/31/07. Since this was not my primary residence after 8/1/06, it appears I would qualify for the $8k tax credit if I purchase a new home after 08/01/09 this year? In reading the definition of 1st time homebuyer in the stimulus bill, it states “The law defines “first-time home buyer” as a buyer who has not owned a principal residence during the three-year period prior to the purchase.”
Answer: It sounds like your primary residence became a secondary residence after 8/1/06 therefore you did not own a primary residence after that point. After 8/1/09 you may qualify for the tax credit if you buy a primary residence after 8/1/09 and before 12/1/09. Here are some FAQ about the credit for more information:
http://www.federalhousingtaxcredit.com/2009/faq.php#2
Ohio Executes Man Who Killed Two at Warehouse
Prison officials say 38-year-old Roderick Davie died by lethal injection at 10:31 a.m. Tuesday.
New Markets Tax Credit (NMTC) Basic Overview
Irs Tax Credit Electric Vehicles
March 1st, 2010
Tax rule changes could impact the income tax return you’re working on
I am preparing to file my 2009 tax returns. Can you offer some pointers on making the process easier? Are there any major changes in the 2009 tax rules I should be aware of? Few things induce more anxiety…
NY Gov. George Pataki backs electric cars