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What is the phase-out equation for the $8000 first-time home buyer tax credit?

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This credit phases out for individuals making $75,000 or more, and couples making $150,000 or more. If an individual makes over $95,000 or a couple makes over $170,000, there is no credit.

If you are in-between, you can make a direct-line calculation from these numbers.

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February 25

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What is the phase-out equation for the $8000 first-time home buyer tax credit?

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Question Why can I no longer find the values of all of the houses on my street? That was very helpful.

Question Why can I no longer find the values of all of the houses on my street? That was very helpful.

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