The $8,000 credit is extended for purchases made before May 1, 2010.
Thursday, November 12, 2009
New $6,500 Credit for Existing Homeowners
A taxpayer is eligible for a credit up to $6,500 ($3,250 if separate returns are filed) provided the taxpayer (and if married, the taxpayer’s spouse) has owned the same principal residence for any five consecutive years during the eight-year period ending on the date of purchase.
Posted by RWyatt at 10:56 AM 4 comments:
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