Comments on: $8,000 First Time Homebuyer’s Credit

By: JHake

JHake — Tue, 26 Oct 2010 20:18:25 +0000

too long. did not read.

By: Wondering5

Wondering5 — Tue, 07 Sep 2010 12:58:38 +0000

Dear Friends: I do hope this get published, as we bought our home in Feb. and are still getting excuses from the IRS, like prove we live here. Where else would we live? This is our first home and have lived in a RV for 14 years waiting to save the money. I am a Disabled Veteran, 100% Total & Permanent. They send us a letter every couple of months asking for more and more proof that we are either first time home owners, or that this is our real address. I can see how it confusing to them we only moved across the street so not much changed. But even the VA has sent them proof positive that my Meds. are sent to this address and must be signed for, I don’t really know what else they need.

By: marion jarman

marion jarman — Sun, 01 Aug 2010 14:51:56 +0000

we have not gotten our homebuyers tax credit yet and having trouble with irs. we have not owned a home for 3 years and 2 months and the irs just does not want to give us the credit. i know i am not the only one who is having trouble. what do i do? i’ve called, my accountant has written a letter to irs and to no avail….

By: reginia

reginia — Fri, 27 Nov 2009 00:17:09 +0000

I heard that if u applied for the 8000.00 credit. The government would send u a check, directly to u. And, if u decided not to buy a house with the money u would only have to pay 500.00 back per year to the govermemt, til the loan is paid.

By: OhMan

OhMan — Tue, 10 Nov 2009 09:50:26 +0000

I bought my house May 8th and submitted for the first time home buyers credit on my 2008 taxes on May 12th. I still haven’t recieved any money. My file went through exams and they approved the return on Aug 31st. It has been a total of 180 days. Here is my message to the President: Mr. Obama, The reason this economy isn’t doing better is because the people responsible for handling your incentives are slackers or just plain stupid. DO NOT COUNT ON THIS MONEY FOR ANYTHING IMPORTANT!

By: Sheryl

Sheryl — Tue, 22 Sep 2009 17:24:20 +0000

I owned a manufactured home in a trailer park. I never owned the land. I sold the mobile home in Nov. 2008 and purchased a stick build on its own land in February 2009. Do I qualify for the home owners tax credit of $8000.00

By: Desi

Desi — Tue, 22 Sep 2009 16:14:09 +0000

We bought house in July 2009 & because of job relocation selling it in Nov 2009 . So are we eligible to take $8000 credit

By: Nunya

Nunya — Thu, 17 Sep 2009 08:48:00 +0000

Recieved letter dated 8/31 saying everything ok. Still counting and counting, counting and counting.

By: Rachel

Rachel — Thu, 27 Aug 2009 04:02:02 +0000

Here’s a question. My fiance bought a house and then in month later we are getting married. I’m not on the mortagage because of poor decisions I made when I was younger with my credit. Both of us have never owned a home before and he’ll be claiming head of household for our family for taxes.

Will he be considered “single” for the income limits or married?

By: Nunya

Nunya — Sat, 22 Aug 2009 07:39:42 +0000

Purchased house on May 8th 2009. Submitted amended 2008 return on May 15th. Still no $8000. I called to check if everything is ok. Yes everything is fine. Yes we have everything we need. 14 weeks and counting. Don’t hold your breath.

By: pachu

pachu — Fri, 05 Jun 2009 22:01:06 +0000

My house construction will be starting this month.Due to weather or other problems if the closing is not done before Nov 30th, does it mean i get no credit?
Again, if I take help from my parents to help me with the finance that I can repay with out interest in a few years and wish to add one of them as a co buyer what happens to the credit even if they deliver the home in november?
Any chance of this Dec 1 as deadline to be extended?
Pachu

By: Ibot

Ibot — Tue, 02 Jun 2009 05:16:57 +0000

http://www.usnews.com/blogs/the-home-front/2009/05/29/the-8000-first-time-home-buyer-tax-credit-program-expands-5-things-to-know.html

“Families will now be able to apply their anticipated tax credit toward their home purchase right away,” Donovan said in a news release. “What we’re doing today will not only help these families to purchase their first home but will present an enormous benefit for communities struggling to deal with an oversupply of housing.”

By: Ibot

Ibot — Tue, 02 Jun 2009 05:14:52 +0000

File 1040x & 5405. If you used TurboTax it’s easy to amend. It asks you all the right questions to set it up. I’ve amended using it before and it was great. Just got my paperwork ready to file when escrow closes in 2 weeks. Good luck!

By: Nadel Doria

Nadel Doria — Fri, 22 May 2009 17:56:53 +0000

I heard that you can get the money before you buy the property is this true ?

By: Brown

Brown — Fri, 22 May 2009 16:27:03 +0000

What form do I use to file for 8,000 stilmus for purchase a home in 2009?