Tax Credit for Homebuyers

Tax Credit for Homebuyers

November 13, 2009 by Michael Koenig · Leave a Comment 

First-Time Homebuyers (FTHBs): First-time homebuyers (that is, people who have not owned a home within the last three years) may be eligible for the tax credit. The credit for FTHBs is 10% of the purchase price of the home, with a maximum available credit of $8,000. Single taxpayers and married couples filing a joint return [...]