Posted on: 15th Sep, 2009 04:10 pm
If im a first time home purchaser can i get the tax credit of 8000.00?
Hi gregy, Yes thats correct if your a first time buyer then you will be able to get the tax credit up to a maximum of 8k dollars.
yes, you can qualify for the tax credit
Hi gregy,
You can qualify for the First Time Buyer Tax Credit if you have not owned a principal residence in the past 3 years. You can get the full tax credit to purchase your home if your annual income does not exceed $75,000. If the value of the home you're purchasing is more than $80,000, you can qualify for the credit up to a limit of 10% of the purchase price.
You can qualify for the First Time Buyer Tax Credit if you have not owned a principal residence in the past 3 years. You can get the full tax credit to purchase your home if your annual income does not exceed $75,000. If the value of the home you're purchasing is more than $80,000, you can qualify for the credit up to a limit of 10% of the purchase price.
i would assume that three affirmative answers are sufficient. jenkin even added to his answer with some details. i hope the chorus is off duty.
