Posted on: 23rd Dec, 2009 11:18 am
Hi,
We are married and just bought a house this month but only one spouse's name is on the mortgage and deed. We never had a home before. Are we qualified for the $8,000 tax credit?
Thanks!
We are married and just bought a house this month but only one spouse's name is on the mortgage and deed. We never had a home before. Are we qualified for the $8,000 tax credit?
Thanks!
Yes you should qualify for the $8,000 Tax Credit
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Thank you, Eric!
My understanding is that you will qualify for 8,000 or 10% of the purchase price, whichever is lower.