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Tag: home buyer tax credit

100 Days Left to Take Advantage of Home Buyer Tax Credits

21 January, 2010 (10:29) | Info for Buyers, Info for Sellers, Neighborhood Info, Questions and Answers | By: Aaron Dickinson - Edina Realty

As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed new legislation that:

Extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010.
Expands the credit to grant up to $6,500 credit to current home owners [...]

IRS Releases Tax Form for Home Buyer Credit – Expect 3-4 Month Wait

19 January, 2010 (15:23) | Info for Buyers, city grants, tax credits | By: Aaron Dickinson - Edina Realty

The IRS released the tax form required for claiming the new version of the home buyer tax credit on January 15th.  If you’re planning on claiming the credit, know that the IRS will require documentation proving you purchased the home in the eligible period.  Since this documentation will not be electronically submittable, you will have [...]


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