Tuesday, May 12, 2009

New $8,000 Tax Credit

Refundable tax credit for $8,000 or maximum up to 10% of sale price

There are income limits for singles with over $75,000 and married filers with over $150,000

It must be a be your primary residence for three years

If you have not owned a home for more than 3 years

Eligible purchases from Jan 1, 2009 through Dec 1, 2009

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