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If you purchase a house in 2010 can you claim it on your 2009 tax?
Yes if this question is about the first time homebuyer tax credit and If you meet all of the rules to be a FTHB for this credit. Go to the IRS gov website and use the search box for First-Time Homebuyer Credit For qualifying purchases in 2010, you have the option of claiming the credit on either your 2009 or 2010 return. Because of the documentation requirements for claiming the credit, taxpayers who claim the credit on their 2009 tax return must file a paper --- not electronic --- return and attach Form 5405, First-Time Homebuyer Credit and Repayment of the Credit (see the instructions for help with the form), and a properly executed copy of a settlement statement used to complete the purchase. All forms and instruction are available at the IRS gov website using the search box for each form that you will need for this purpose.
How do you apply for 2010 home buyers tax credit?
IF you meet all of the rules that have to be met to be a FTHB for the FTHBTC you will have to fill out your 1040 income tax return correctly and send in all of the necessary documentation forms and information along with your 1040 income tax return and the form 5405.For qualifying purchases in 2010, you have the option of claiming the credit on either your 2009 or 2010 return.Deadlines* You must have bought --- or entered into a binding contract to buy --- a principal residence on or before April 30, 2010.* If you entered into a binding contract by April 30, 2010, you must close (go to settlement) on the home on or before September 30, 2010.The IRS reminds taxpayers that special filing and documentation requirements apply to anyone claiming the homebuyer credit. To avoid refund delays, those who entered into a purchase contract on or before April 30, but closed after that date, should attach to their return a copy of the pages from the signed contract showing all parties' names and signatures if required by local law, the property address, the purchase price, and the date of the contract.Besides filling out Form 5405, First-Time Homebuyer Credit and Repayment of the Credit, all eligible homebuyers must also include with their return one of the following documents:* A copy of the settlement statement showing all parties' names and signatures if required by local law, property address, sales price, and date of purchase. Normally, this is the properly executed Form HUD-1, Settlement Statement.* For mobile home purchasers who are unable to get a settlement statement, a copy of the executed retail sales contract showing all parties' names and signatures, property address, purchase price and date of purchase.* For a newly constructed home where a settlement statement is not available, a copy of the certificate of occupancy showing the owner's name, property address and date of the certificate.More details on claiming the credit can be found in the instructions to Form 5405, as well as on the First-Time Homebuyer Credit page at the IRS gov web site using the search box for the items referred to above.
What does a 120 degree angle look like?
A 120-degree angle is an obtuse angle, which means it is greater than 90 degrees but less than 180 degrees. To visualize a 120-degree angle, imagine a clock face where the minute hand points to the 4 and the hour hand points to the 2. The angle between the hour and minute hands would be approximately 120 degrees.
