Zillow Advice: Buying Process - CAN YOU GET THE 8000.00 TAX CREDIT FOR THE DOWN PAYMENT IF YOU ARE IN A REPAYMENT PLAN WITH THE IRS http://www.zillow.com/advice-thread/CAN-YOU-GET-THE-8000-00-TAX-CREDIT-FOR-THE-DOWN-PAYMENT-IF-YOU-ARE-IN-A-REPAYMENT-PLAN-WITH-THE-IRS/292697/ Zillow Advice | Zillow Real Estate My understanding is that ... http://www.zillow.com/advice-thread/CAN-YOU-GET-THE-8000-00-TAX-CREDIT-FOR-THE-DOWN-PAYMENT-IF-YOU-ARE-IN-A-REPAYMENT-PLAN-WITH-THE-IRS/292697/ My understanding is that it can be used for land contract in certain instances.&nbsp; Contact a tax specialist or www.IRS.gov for more information. Fri, 30 Oct 2009 12:45:00 GMT http://www.zillow.com/advice-thread/CAN-YOU-GET-THE-8000-00-TAX-CREDIT-FOR-THE-DOWN-PAYMENT-IF-YOU-ARE-IN-A-REPAYMENT-PLAN-WITH-THE-IRS/292697/ 2009-10-30T12:45:00Z Your tax adviser would be ... http://www.zillow.com/advice-thread/CAN-YOU-GET-THE-8000-00-TAX-CREDIT-FOR-THE-DOWN-PAYMENT-IF-YOU-ARE-IN-A-REPAYMENT-PLAN-WITH-THE-IRS/292697/ <div align="left">Your tax adviser would be your best resource here since each individual tax situation can be a little different.<br/></div> Fri, 30 Oct 2009 12:43:00 GMT http://www.zillow.com/advice-thread/CAN-YOU-GET-THE-8000-00-TAX-CREDIT-FOR-THE-DOWN-PAYMENT-IF-YOU-ARE-IN-A-REPAYMENT-PLAN-WITH-THE-IRS/292697/ 2009-10-30T12:43:00Z If you owe back taxes to ... http://www.zillow.com/advice-thread/CAN-YOU-GET-THE-8000-00-TAX-CREDIT-FOR-THE-DOWN-PAYMENT-IF-YOU-ARE-IN-A-REPAYMENT-PLAN-WITH-THE-IRS/292697/ If you owe back taxes to the IRS they will deduct them from whatever credit you would gain from the First Time Homebuyers Credit. Fri, 30 Oct 2009 01:10:00 GMT http://www.zillow.com/advice-thread/CAN-YOU-GET-THE-8000-00-TAX-CREDIT-FOR-THE-DOWN-PAYMENT-IF-YOU-ARE-IN-A-REPAYMENT-PLAN-WITH-THE-IRS/292697/ 2009-10-30T01:10:00Z 1) it cannot be used in a ... http://www.zillow.com/advice-thread/CAN-YOU-GET-THE-8000-00-TAX-CREDIT-FOR-THE-DOWN-PAYMENT-IF-YOU-ARE-IN-A-REPAYMENT-PLAN-WITH-THE-IRS/292697/ 1) it cannot be used in a land contract, it has to be a single family home* and a primary residence<br/><br/>2) the tax credit would probably, almost certainly be applied to your outstanding tax bill<br/><br/>*other types of properties, ie condoes, duplexes, triplexes do apply Fri, 30 Oct 2009 01:05:00 GMT http://www.zillow.com/advice-thread/CAN-YOU-GET-THE-8000-00-TAX-CREDIT-FOR-THE-DOWN-PAYMENT-IF-YOU-ARE-IN-A-REPAYMENT-PLAN-WITH-THE-IRS/292697/ 2009-10-30T01:05:00Z