United States | first time home buyer

March 25, 2011

how does first time home buyer tax credit work?

karleebfree asked:

I qualify for this tax credit but I don’t know if it is already a part of the tax law for 2008. I purchased the home in May 2008. Should I file my taxes now or wait?

Edna

Comments (2)

March 1, 2011

Can I take the first time home buyer credit if my fiance and I are on the title but he makes over $100,000?

Filed under: United States — Tags: Buyer Credit, Fiance, First Time Home, First Time Home Buyer, Time Home Buyer — admin @ 7:59 pm

janicetnl asked:

We won’t get married until August of 2009, and his name will be on the loan since I make under $75000. I can be on the title or both of us can. Who is the home owner and qualifies for this First Time Home Buyer Credit?

Herbert

Comments (2)

January 27, 2011

If my wife and I just purchased a new house this year can I claim the first time home buyer credit on my taxes?

Filed under: United States — Tags: Buyer Credit, First Time Home, First Time Home Buyer, New House, New Mortgage, New Year, Taxes, Time Home Buyer — admin @ 8:20 pm

Nello B asked:

This is my first home purchase, but my wife has already owned a home. We are both on the new mortgage…

Ralph

Comments (4)

January 3, 2011

Can I file my taxes online myself if I’m getting the $8,000 tax credit for being a First Time Home Buyer?

Filed under: United States — Tags: File Taxes, First Time Home, First Time Home Buyer, Tax Credit, Taxes Online, Time Home Buyer — admin @ 5:40 pm

George K. asked:

How does that work? Will I be able to do it online or will I have to take it to H&R Block or something? And will the government send me some kind of paperwork I’ll need or how do I go about proving I’m a first time home buyer?

Brandon

Comments (2)

November 19, 2010

Tax implications for first time home buyer other than the federal credit?

Filed under: United States — Tags: 1040x, First Time Home, First Time Home Buyer, Tax Credit, Tax Implications, Tax Return, Time Home Buyer — admin @ 9:24 pm

bcampolo asked:

I am closing on a home soon and would like to amend my 2008 tax return to claim the FTHB tax credit. Does amending a 2008 tax return solely for this credit affect any areas of the 1040x other than lines 7 & 10 (Credits & Total Tax)? Are any other areas affected by the purchase of a home in this situation? (I will be attaching form 5405 as well) Thanks!

Gilbert

Comments (4)

November 8, 2010

Do I qualify for first time home buyer credit?

Filed under: United States — Tags: Buyer Credit, First Time Home, First Time Home Buyer, Parents, Principal Residence, Tax Credit, Tax Planning, Time Home Buyer — admin @ 7:36 am

Eric Wong asked:

My parents are planning to buy a home as their new principal residence and claim the $6,500 tax credit.

I am planning on buying a different home as my principal residence. Would I be disqualified from the 8,000 tax credit if they were to be joint purchasers on my new home?

Daniel

Comments (3)

Older Posts »

first time home buyer – owner loan

March 25, 2011

how does first time home buyer tax credit work?

March 1, 2011

Can I take the first time home buyer credit if my fiance and I are on the title but he makes over $100,000?

January 27, 2011

If my wife and I just purchased a new house this year can I claim the first time home buyer credit on my taxes?

January 3, 2011

Can I file my taxes online myself if I’m getting the $8,000 tax credit for being a First Time Home Buyer?

November 19, 2010

Tax implications for first time home buyer other than the federal credit?

November 8, 2010

Do I qualify for first time home buyer credit?