modo22
Well-Known Member
- Joined
- Mar 9, 2009
- Messages
- 6,458
Just make sure you're filing for the '09 credit (yes, it's the '09 credit on your '08 taxes). The credit available for people who bought their first home IN '08 has to be paid back over a 15 year period with each years taxes, the '09 credit doesn't have to be paid back at all.
I closed on my house in Sep '08 and got the '08 credit when I filed my taxes in March. When I heard there was a new credit that didn't have to be paid back I tried to amend and get it instead but I couldn't since my purchase was actually in '08 and not '09.
The 09 was what I was going for...but good to note!!!!! I will make sure not to get screwed on that one! I hate trusting others with my money.