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tax credit

Posted on: 15th Jul, 2009 09:19 pm
i will be buying my first house and it will be 75k. How much of the credit am i able to claim?
Hi tmarcus, The tax credit allows up to 10% of the purchasing price up to a maximum of 8k. You will be eligible for 7500 tax credit hope this helps.
Posted on: 15th Jul, 2009 09:25 pm
tmarcus

Welcome to the forum

First tiem home buyer credit is equl to 10% of your purchase price and up to a maximum of $8000

Good luck
Posted on: 15th Jul, 2009 10:15 pm
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