
First-Time Home Buyer Tax Credit
(The mini facts)
- $8,000 for 1st time home buyers
- Close on your home purchase between November 7, 2009 and April 30, 2010, or have a binding written contract by April 30, 2010 and close by July 1, 2010.
- Decide whether to apply the credit to your 2009 tax return, filed on or before April 15, 2010, file an amended 2009 return; or, apply the credit on your 2010 return, filed on or before April 15, 2011.
- Attach documentation of purchase to your return.
- Claim the credit on their 2009 return, even if the purchase is completed after December 31, 2009; File an amended return for 2009 if their purchase is completed after April 15, 2010; or,
- Claim the credit on their 2010 tax returns.
Betty Anne Burns (985) 630-1755
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