Zillow Advice: Buying Process - $15k Tax Credit/2008 Taxes?

Maybe a $15k tax credit for ...

Fri, 05 Jun 2009 00:36:00 GMT

Maybe a $15k tax credit for 2010 or 2011??

There is no reason to make an increased tax credit apply to an earlier year; it won't stimulate buying the back log of foreclosures at all.

We are working with FIRST ...

Thu, 04 Jun 2009 20:42:00 GMT

We are working with FIRST TIME HOMEBUYERS CREDIT OF $8000.00 till DEC. 2009

There will be no 15K tax ...

Wed, 11 Feb 2009 22:56:00 GMT

There will be no 15K tax credit; it's dead.

The tax credit did not make ...

Wed, 11 Feb 2009 22:43:00 GMT

The tax credit did not make it into the bill. The estimated cost was something like 37M. As of right now the 7.5K credit is still active until June. Here is some info on the credit.
http://www.irs.gov/taxtopics/tc611.html

More than likely you will ...

Wed, 11 Feb 2009 22:22:00 GMT

More than likely you will not have to amend your previous years taxes. What usually happens is that a form is added to your current year to fill out to get any additional credits that you may qualify for. You will not see the benefit of the credits until you file your taxes in the following year.

However if you qualify and you missed a credit that was offered in that year- that is the time to amend your taxes. They can't be electronically filed if you amend them and must be mailed into the IRS- which usually takes 6-8 weeks.

Every one are same like you, ...

Wed, 11 Feb 2009 16:53:00 GMT

Every one are same like you, no body know !