Thursday, March 5, 2009

Info on the Tax Credit for First Time Home Buyers

Thanks to Kevin Cade for this update on the new tax credit and how it works:



I thought you would all like to read how the first time home buyer tax credit works this year. It explains that a first time home buyer can get the $8,000 tax credit on purchases through December 1, 2009. They can also take the tax credit, if they purchase prior to completing their tax return in 2008, for 2008 taxes. In other words, they don't have to wait until filing for 2009 taxes to take the credit.

The link above takes you to the official IRS website and a page that gives an explanation of this advantage for First Time Buyers!!

Thanks,
Kevin
Kevin Cade Fifth Third Bank
812-323-3608
Kevin.Cade@53.com

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