First Time Homebuyer Tax Credit

First-Time Homebuyer Tax Credit ,[object Object]

First-Time Homebuyer Tax Credit ,[object Object],[object Object],[object Object],[object Object],[object Object],Overview

First-Time Homebuyer Tax Credit ,[object Object],[object Object],[object Object],[object Object],[object Object],The Modified Tax Credit

First-Time Homebuyer Tax Credit ,[object Object],[object Object],[object Object],[object Object],First-Time Homebuyer Definition

First-Time Homebuyer Tax Credit ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Who Can’t Take This Tax Credit …Other than Buyers Who Aren’t First-Time Homebuyers?

First-Time Homebuyer Tax Credit ,[object Object],More on Income Limits This means that for singles making over $75,000 and couples making over $150,000, the credit is proportionately reduced as incomes approach $95,000 and $170,000 respectively. So if a couple makes $165,000, the excess amount is used to create a fraction 15,000/20,000 (.75) times the credit amount. 75% or $6,000 of the credit would be disallowed . They would still get a $2,000 credit.

First-Time Homebuyer Tax Credit ,[object Object],[object Object],[object Object],[object Object],[object Object],The Home

First-Time Homebuyer Tax Credit ,[object Object],[object Object],[object Object],[object Object],Recapture - 3 Year Residency

First-Time Homebuyer Tax Credit ,[object Object],[object Object],[object Object],[object Object],Other Provisions

First-Time Homebuyer Tax Credit ,[object Object],[object Object],When Can You Claim the Credit?

First-Time Homebuyer Tax Credit ,[object Object],[object Object],[object Object],[object Object],[object Object],Conclusion

First-Time Homebuyer Tax Credit ,[object Object],[object Object],[object Object],Caveat

First Time Homebuyer Tax Credit

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First Time Homebuyer Tax Credit