Thursday, March 12, 2009

First Time Home Buyer Tax Credit - New Information

Great news today. The IRS has revised it's Form 5405 that allows a first time homebuyer to get a tax credit for $8,000. The most important change is they can claim it on their 2008 TAXES!
That's correct, if you purchased a home in 2009 you can check a box that states you are collecting the $8,000 credit on your 2008 taxes and get the money immediately. If you have already filed your return for 2008, you can use this form to amend your return and re-submit. You will get your tax rebate in a few weeks.

The caveat, you must not have owned a home in the last three years and need to buy a home between now and December 1, 2009.

This is great news, buyers. Get that cash that you need NOW instead of waiting.

For all your real estate needs, contact me: Karen Schweinfurth, ABR, CRS, SRES, e-PRO, RE/MAX Northwest Realtors - 425-308-3669 or visit my web site for more buyer information.

Labels: , , , ,


At 10:26 PM , Anonymous james moylan said...

This comment has been removed by a blog administrator.

At 10:29 PM , Anonymous Serviced Apartments in Gurgaon said...

Nice info!!! I was unaware of that...Now its quiet easy and possible to buy a property...

At 3:41 AM , Anonymous Equity Tips said...

I like the useful info you provide in your posts. I will book mark your weblog and check again here frequently. I am quite sure I will learn a lot of new stuff right here! Best of luck for the next!

At 4:34 AM , Blogger sellmyhouseinaz said...

It is really nice information. I get a lot of ideas as a first time home buyer. Thanks for helping us to know more about this information.

North Phoenix

At 12:47 AM , Blogger Alice Denny said...

Welcomes to google terminal from Austin Texas! google snake
Amazing insight you have on this, Happy wheels it's nice to find a website that details so much information about different artists... Age of war 2 This article always blew me... Earn to die For how many times I have read this.
slither io Hi! I’ve been reading your blog for a while slitherio it's nice to find a website that details so much big farm


Post a Comment

Subscribe to Post Comments [Atom]

<< Home