Home > Tax Credit 2009 ARR
First-Time Home Buyer Tax Credit
Credit Expires December 1, 2009
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Credit Expires December 1, 2009
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| Opportunity of a Lifetime for First-Time Buyers
Newly enacted legislation providing a tax credit of as much as $8,000 for first-time home buyers. This might just be the opportunity of a lifetime.
But like so many of the good things in life, time is of the essence for buyers who want to take advantage of this outstanding opportunity. Only homes purchased on or after January 1, 2009 and before December 1, 2009 are eligible.
Call us today, if you would like to learn more about this excellent opportunity 1 (800) 984-5336
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$8,000 Home Buyer Tax Credit at a Glance
The information on this page pertains to the American Recovery and Reinvestment Act of 2009.
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The tax credit is for first-time home buyers only. For the tax credit program, the IRS defines a first-time home buyer as someone who has not owned a principal residence during the three-year period prior to the purchase.
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The tax credit does not have to be repaid.
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The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000.
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The credit is available for homes purchased on or after January 1, 2009 and before December 1, 2009.
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Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.
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