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I have spent years to have and keep good credit after a divorce. I would love to buy a home with the tax credit. Thats my only concern is owing some taxes from years ago. I never get a refund, so I dont know if I would be eligable or not?

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sunnyview
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sunnyview

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I believe that you would be eligible but the IRS would hold back any amount owe to them just like any other tax refund. Do you know how much you own them? It might be worth giving them a call. Many IRS offices are very nice and are willing to work with you if you sit down bring your records and make payment plan. As long as you keep you end of the plan up, they will allow you to start moving forward with a clean slate. IRS as an agency is a bit scary, but visit a local office and most of the people there are very nice. You can work this out and may be able to even get some of the buyers tax credit back. I think you would be eligible to claim it if you fit the other criteria, but you need to find out what you owe and go from there.

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Question can u get this tax credit if you owe back taxes?

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