Buy with DiscoverSeattleHomes$8000 Tax Credit!
First-Time Home Buyer Credit ending soon!
For aspiring home owners who find their goal stubbornly elusive, newly enacted legislation providing a tax credit of as much as $8000.00 for first-time home buyers might just be the opportunity of a lifetime.
A tax credit of up to $8,000.00 is now available for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. Unlike the tax credit enacted in 2008, the new credit does not have to be repaid.
First-Time Home Buyer Tax Credit at a Glance
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Tax credit is available for first-time home buyers only.
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The tax credit does not have to be repaid.
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The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000.
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The credit is available for homes purchased on or after January 1, 2009 and before December 1, 2009.
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Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.
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Get more information HERE
