Posted on: 19th Mar, 2010 01:07 pm
I've recently bought a new home with my boyfriend. We closed March 12, 2010. How do I actually file to get the 8000 tax credit back? We've bought the home together and we are both on the deed. Do we need to file together?
you and your boyfriend wouldn't be able to file a joint tax return inasmuch as you're not a married couple. you will have to file separately. the $8000 tax credit comes from the irs, and each of you will be entitled to a maximum of $4000. your best bet at this point is to go directly to the irs website (irs.gov) and check out the QandA on this tax credit. you will need irs form 5405 to get the credit, and you're going to need a copy of your settlement statement from your closing as well (signed copy) - for each of you. i don't recall, but i believe there's other paperwork you may have to submit with it also. check the site.
an alternative to going to the website is to speak with a tax advisor, but keep in mind that april 15 is almost on us, so they'll be mad busy right now.
an alternative to going to the website is to speak with a tax advisor, but keep in mind that april 15 is almost on us, so they'll be mad busy right now.