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
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