First-Time Homebuyer Tax Credit

[William Deutchman]

Did you buy a home after April 8, 2008? If so, and it is your personal residence and you haven't bought a home in the previous 36 months, you probably qualify for a large tax credit. If you bought a home in 2009 and you qualify, you can even claim the credit on your 2008 tax returns.

Even if you already filed your 2008 return, your return can be amended and you can get a refund of up to $8,000.00. I know it sounds too good to be true, but this is the federal government's way to stimulate the housing market that has been in a slump in recent years. This incentive is part of the recently enacted Housing and Economic Recovery Act of 2008.

[SOLICITATION REMOVED BY ADMIN]