Posted on: 22nd Dec, 2010 06:05 pm
I live in NY but bought a home in Florida in 2009..I applied and received the $8k 1st time homebuyers credit but unfortunately I was unable to relocate to Florida as yet..Will be doing so by Jan 4th 2011..
Question : Does the $8k have to be repaid because it took me over a year to relocate???
Question : Does the $8k have to be repaid because it took me over a year to relocate???
Hi sil!
Welcome to forums!
I don't think you'll have to repay the tax credit. Nevertheless, you should contact a tax adviser and take his opinion in this matter.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
I don't think you'll have to repay the tax credit. Nevertheless, you should contact a tax adviser and take his opinion in this matter.
Feel free to ask if you've further queries.
Sussane