Tax Credit Central

                                              Intelligent Real Estate in Houston and the Clear Lake Area

Karen Sherrill
Realtor®
713.817.5710
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Tax Credit Info

 

 

The Tax Credit deadline has passed, however I want to leave this information available to those who did qualify in order to assist you as you file your 2010 taxes.

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

  • Extended the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010.
  • Expanded the credit to grant up to $6,500 credit to current home owners purchasing a new or existing home between November 7, 2009 and April 30, 2010.

If you have specific questions or need additional information, please contact a tax professional or the Internal Revenue Service at 800-829-1040.

source www.realtor.com

   

WHO QUALIFIED?

First-time home buyers who purchased homes between November 7, 2009 and April 30, 2010.

NEW! Current home owners
purchasing a home between November 7, 2009 and April 30, 2010, who have used the home being sold or vacated as a principal residence for five consecutive years within the last eight.

For more information see PDF Charts and resource links

More Information

Homebuyer Tax Credit Informational Chart

Existing Homebuyer Tax Credit Scenarios

More Scenarios Answered

Home Buyers have something to look forward to.....

Karen Sherrill
713.817.5710
Karen@KarenSherrill-homes.com

Site last updated 07/20/2010
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