Many buyers don’t know that if they purchase a home on or before June 1, 2009 they can claim this credit on their 2008 taxes.
Some of you are saying to yourself “What if they’ve already filed 2008?”…no worries they can re-file or amend the return and get the $8,000 incentive right now!
I’ve been in some pretty deep discussion with a couple of CPA’s and the most aggressive of CPA’s will tell me that a buyer planning to purchase a home on or before June 1, 2009 could go ahead and file for the $8000 incentive when they go into contract to purchase the home. And then quickly amend or re-file their 2008 returns in time to receive the stimulus money and use it for down-payment and closing costs….
First time home buyers, now it the time to make a…