First-Time Home Buyer $8000. Tax Credit (Click Here)

March 07, 2009
Author: Source: National Association of Home Builders (More info: www.federal housingtaxcredit.com)

* The tax credit if for first time home buyers only
* The tax credit does not have to be repaidd
* The tax credit is equal to 10% of the home's purchase price up to a maximum of $8,000.
* The credit is available for home purchased on or after January 1, 2009 and before December 1, 2009.
* Single taxpayers with incomes up to $75,000. and married couples with incomes up to $150,000. qualify for the full tax credit

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