The Federal Tax Credits Blog

Posts Tagged ‘finance’

Small Business Tax Credit Calculator (Multi Company License)

Bachmann falsely claims Dems blocking renewable energy

What Obama’s New Jobs Strategy Will Look Like [FOX 8-31-2011]

Question: Can I still receive a first time home buyer tax credit if I already got my refund?

I did my 2008 taxes through HR Block this year and I have already received my refund. HOWEVER, even though I gave all of my mortgage details to the HR Block “professional” he over-looked the fact that I bought my first home in September of 2008. Please give some insight on this matter if you can.

Thanks
Also, when I called HR Block office who did my return they informed me they were not sure if they could still give me this credit since I already received a tax return.

Answer: You can go to any tax services and have them file an amended tax return for you. Most places charge a flat fee. However, you only qualify for the $7500 interest-free loan, which has to be repay over a 15-year period starting on your 2010 tax return.

19. History of the Mortgage Market: A Personal Narrative

Question: my wife and i have owned our home since 2004 and refinanced in 2006 do i qualify for the tax credit?

Answer: Yes, if you sell it and buy another you are entitled to up to 6500.

Home Loan First time Home Buyer Broken Arrow OK Refinance Rates