First time house buyers do still get a tax credit from the government on their federal income tax return. This is a very nice tax credit that helps thousands of new home buyers every year.
You are the only one that has all of the information that would be needed for you to determine if you meet the FTHBC rules.Go to the IRS gov web site and use the search box for First-Time Homebuyer...
A first time buyer tax credit is a credit you can get if you purchased a house (primary residency) in 2008, 2009 or 2010. It reduces your tax bill (what you pay).
Sorry for the one-liner question, did not know how to add all the details in the question itself. Here they are: We purchased out first home on October 15th; we file under married filing jointly...
Yes the amount of the FTHC is a refundable credit to a qualifying first time homebuyer.Your house. Does not sound like it is your main home (primary residence) to be a qualified first time home buyer...
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