Friday, August 7, 2009

Using your $8,000 First Time Home Buyer Credit

So, you've decided to to buy your first home and now it's time to apply for your first time Home Buyer's Credit - What are the steps you need to take?

  1. Close on your home purchase by November 30, 2009,
  2. Make sure that you are a qualified first-time buyer under IRS guidelines,
  3. Decide which year to file under, 2008 or 2009
  4. File an amended 2008 return or choose to apply the credit to your 2009 tax return.
Collect your Tax Credit and Enjoy your new home!

If you live in Austin or the Highland Lakes area of Texas, give us a call or send us an email and we can help you find your first home.

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