first time home buyer – owner loan

blog for first time home buyers

Will my wife be eligible for the First-Time Home Buyer Credits?

di_cassano asked:


I bought a home 2 years ago, the home owner is myself only. If my wife buys a $200,000 worth of home in February, will she be able to claim the $8,000 tax credit as a first time home buyer? Thanks.

Marion
Share and Enjoy:
  • Print
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • Blogplay
  • Fark
  • Faves
  • LinkedIn
  • Propeller
  • Reddit
  • StumbleUpon
  • Technorati
  • Tumblr
  • Twitter
  • Yahoo! Bookmarks

Posted December 10th, 2009 in United States 5 Comments »

Tags: , , ,

5 Responses to “Will my wife be eligible for the First-Time Home Buyer Credits?”

  • Ryan M says:

    Sharon

    Nope. Legally, you and your wife are the same person.

  • tro says:

    Maureen

    the $8000 credit was for primary homes purchased by Nov. 30, 2009, she missed it

  • Bostonian In MO says:

    Leonard

    Nope. For a married person to claim the credit, BOTH spouses must be eligible for the credit. You clearly are not and that renders her ineligible as well. It does not matter that she is buying the home on her own, or whether you file a joint return or separate returns. Sorry!

  • ronnlynn says:

    Courtney

    No. You’re considered together, and together you are not a first time homebuyer.

  • Judy says:

    Billy

    No. For a married person to be eligible, their spouse must be also.

  • Leave a Reply