Posts Tagged ‘home buyer credit faq’

Home Buyer Credit Faq

Question: First-Time Home Buyer Tax Credit?

Background info: http://www.federalhousingtaxcredit.com/faq.php

Can I claim a house I bought this year (2009) on my 2008 taxes or do I have to wait until next year???
Thanks, Helen. I am aware of the repayment. I just wasn’t sure if i’d be allowed to claim for this year since it’s purchased in 2009.

Answer: You can claim the credit on your 2008 return. Remember, you have to pay it back, it is more like a loan then a credit.

Helen, EA in PA

LG Optimus One Preview & Sale FAQ

Due to insistent demand, we had to squeeze in this little Optimus One preview and personally asked reps from LG Philippines regarding the mechanics of the sale tomorrow. Here’s what we got so far. The sale was intended by LG as a way for the consumers to get a taste of an Android-powered handset at [...] Related posts: Sale Vote: LG Optimus One vs. Nokia C6 So okay, it’s obvious that Nokia’s …

Income, Credit & Home Loans: Buying a House : Private Mortgage House Insurance (PMI) Tips


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