Specializing in Metro Atlanta Real Estate. MOVING FORWARD - GIVING BACK I will donate 20% of each commission to the non-profit of my client's choice. Guiding Every Client Through The Buying And Selling Process With Honesty, Fairness, Intergrity and Ethics.
Thursday, February 26, 2009
$8,000 Tax Credit
$8,000 Home Buyer Tax Credit at a Glance
The tax credit is for first-time home buyers only.
The tax credit does not have to be repaid.
The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000.
The credit is available for homes purchased on or after January 1, 2009 and before December 1, 2009.
Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.
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