$8,000 Tax Credit

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$8,000 FIRST TIME HOMEBUYERS TAX CREDIT : 

$8,000 FIRST TIME HOMEBUYERS TAX CREDIT What You Need To Know

What You Need To Know : 

What You Need To Know $8,000 for 1st. Time Homebuyers Credit equivalent to 10% of the purchase price – capped at $8,000 Does not have to be repaid if you live in the home 3 years or longer A first time homebuyer is someone who has not owned a principal residence for three years before buying the house

What You Need To Know : 

What You Need To Know This program is for 2009 buyers only There are income limits Single buyers need a modified adjusted gross income of $75,000 or less Married couples $150,000 or less If you earn more, you will get a reduced credit

What You Need To Know : 

What You Need To Know The tax credit is refundable – meaning you can take advantage of the program even if you don’t have much tax liability. So the Government will send you a check for the difference between what you owe, that now becomes zero and will send you the difference...WOW

What You Need To Know : 

What You Need To Know You can also claim your tax credit on your 2008 tax return. We have prepared a special report that covers what we have discussed here plus more E-mail us if you want a copy of this report

What You Need To Know : 

What You Need To Know As always, the information provided here is for general guidance only and is presented as is and with no assurance or guarantee of completeness, accuracy or timeliness of the information. Additionally, the information here does not constitute legal, tax or accounting advice and should not substitute for professional from a qualified advisor.

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