answersLogoWhite

0

You have to be a first time home buyer with a closing date after April 8, 2008 and before December 01,2009. It has to be your primary residence. There are income phase outs and not everyone will qualify. You can file an amendment on you 2008 tax return or wait until you file you 2009 tax return to claim your credit. If owned a primary residence at any time during the three years before the date of purchase you do not qualify for the credit. You cannot claim the credit before there is a completed sale and purchase of the residence. For more information visit the IRS website http://www.irs.gov/newsroom/article/0,,id=206291,00.html

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

Can i receive the earned income tax credit if i was self employed and have not yet paid taxes?

Self-employment income does qualify as earned income for the credit. If you have children, the EIC is often more than the self-employent tax you owe. This year, it can also qualify you for the Stimulus money.


Why do parents of seventeen year olds not qualify for the child tax credit or the stimulus payment?

Because that's how Congress wrote the laws. A child no longer qualifies the parents for the child tax credit the year s/he turns 17. The parents may be entitled to the stimulus payment, in accordance with the rules therefor, but will not qualify for the additional amount designated for children under the age of 17.


Are there rebates available for first time home buyers?

There is currently an $8000 tax credit to those who purchased a new house in 2009. However, this tax credit only applies to new home buyers, previous home buyers will not qualify for this credit.


Do I qualify for a Home Depot Credit Card?

You can qualify for a home depot credit card it really depends on your credit card and your credit history which they will run before they give you the card


Can you obtain a home equity loan on a family home that does not have a mortgage?

Yes, as long as you have a good enough credit rating to qualify for the mortgage.Yes, as long as you have a good enough credit rating to qualify for the mortgage.Yes, as long as you have a good enough credit rating to qualify for the mortgage.Yes, as long as you have a good enough credit rating to qualify for the mortgage.


How does someone qualify for Hertz gold?

Anyone can just about qualify for Hertz gold. the only factor that there is in this, is that you have to have a good credit score. Without a good credit score, you do not qualify.


What credit score does one need to qualify for loans at a traditional bank?

One needs an average to excellent credit score to qualify for loans at a traditional bank. Consumers with a poor credit score can qualify for a high interest loan.


How do you qualify for credit cards with 0 interest?

It is impossible to qualify for credit cards with 0 interest. You can read about why at www.creditcards.com › Credit Card News › Credit Card Help or www.moneybluebook.com/0-balance-transfer-credit-cards-no-fee/


Do you qualify for a Chase card if you have no credit history?

usually if you have no credit history they recommend you use a co-signer. However, if you are a student you may qualify for a first time credit card owner.


How can you qualify for fast cash loans?

You can qualify for fast cash loans by making sure you have a good credit history. To check your credit history you can view sites such as "credit history expert".


Is stimulus plural or singular?

The noun stimulus is singular. The plural is stimuli - as in "The patient did not respond, even to repeated stimuli". Note that 'stimulus' is becoming increasingly used as an adjective - stimulus measures, a stimulus package - since the credit crunch of 2009.


Does Nissan Finance qualify customers with bad credit?

"Depends on how bad the credit is.