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View Full Version : Up to $8,000 of tax credit for qualified home buyers


Ardent Listener
4th March 2009, 17:45
If you are a first time home buyer or as I understand it, if you have been out of home ownership for at least three years, and you buy before November, you may be entited to a tax credit of 10% of the price of the home up to $8,000. That is a tax credit and not a deduction.

This is a part of the economic stimulus bill.