The end of the year is quickly coming upon us, and with it comes your last chance to take advantage of some last minute tax deductions for the 2010 tax year, in addition to planning ahead for the tax credits you’re going to claim. If you’re anything like me, you’ll do what you can in […]
Home-Buyer Tax Credits Are Being Delayed Or Denied For Some Filers
Over the past year we’ve talked quite a bit the home-buyer tax credits that were available to both first time home-buyers, and more recently to existing homeowners looking to buy a new primary residence. The bill was originally passed in February 2009 as a part of the Obama stimulus package, and was extended at the […]
What Documentation Do I Need To Claim The First-Time Homebuyer Tax Credit
If you’re planning on claiming the First-Time Homebuyer Tax Credit on your 2009 tax return you’re going to have to provide some extra documentation when filing. Not sure what documents you’re required to include? The IRS has provided some guidance on the topic. Required Documentation For The Homebuyer Tax Credit The IRS includes these tips […]
$8000 First Time Homebuyer Tax Credit Extension: Take Advantage Of Incentives Through June 30th, 2010
The homebuyer tax credit closing deadline has been extended until September 30th, 2010 for those who were under contract by April 30th, 2010. Details here. If you’re a first time homebuyer and you thought that you might be out of time when it came to getting the $8000 refundable tax credit, think again! On Friday […]
