|
|
Are you sure you want to report the following content as a violation?
|
|
|
|
THE FEDERAL HOMEBUYERS TAX CREDIT HAS BEEN EXTENDED AND EXPANDED
The extended Federal tax credit for first-time homebuyers remains 10% of sales price up to $8,000
The new Federal tax credit for move-up homebuyers, who have used their previous home as a principal residence for five of the previous eight years is $6,500
The income level to qualify is $125,000 for single filers or $250,000 for joint filers
The maximum eligible home price has been increased to $800,000
The Federal tax credit runs from December 1, 2009 to April 30, 2010
Sales contracts signed as of April 30, 2010 must close by June 30, 2010
*Contact your tax advisor for full details.
Further Details about this and other bills signed into law today in the Washington Post article
|
|
|
|
Please check the following violations, and include anything else in the comment box. |
|
|
| Comment |
|
|
| Email |
|
|
| Captcha |
|

To protect users from spam, please enter the text from the image above.
|
|
|