enow.com Web Search

Search results

1. Results from the WOW.Com Content Network

2. What is the first-time homebuyer tax credit? - AOL

   www.aol.com/finance/first-time-homebuyer-tax...

   The first-time homebuyer tax credit was an Obama-era program that directly reduced the amount of tax owed by qualifying homebuyers. This particular incentive ended in 2010, and while President ...

3. Housing and Economic Recovery Act of 2008 - Wikipedia

   en.wikipedia.org/wiki/Housing_and_Economic...

   Included a first-time home buyer refundable tax credit for purchases on or after April 9, 2008 and before July 1, 2009 equal to 10 percent of the purchase price of a principal residence, up to $7,500. Phased out the credit for taxpayers with incomes over $75,000 ($150,000 for joint returns).

4. New Homeowners: Here’s What You Need To Know for Your Taxes

   www.aol.com/finance/homeowners-know-taxes...

   The first-time homebuyer tax credit created under President Barack Obama’s administration has been discontinued, but first-time buyers can still benefit from a number of other programs. These ...

5. Would it help? Fed legislation would create $15,000 tax ... - AOL

   www.aol.com/help-fed-legislation-create-15...

   In 2008, 2009 and 2010, first-time homeowners could also claim a refundable tax credit from the purchase of their house, although the cap at the time was set at $7,500. That was increased to ...

6. Homebuyer Tax Credit: How to Claim It - AOL

   www.aol.com/2011/01/03/homebuyer-tax-credit-is...

   The first-time homebuyer tax credit encouraged many buyers to take the leap in 2010. Though the deadline to close on a qualifying home purchase was Sept. 30, 2010, those buyers who did qualify now ...

7. Mortgage Credit Certificate - Wikipedia

   en.wikipedia.org/wiki/Mortgage_Credit_Certificate

   Mortgage Interest Paid (1st Year): $11,933; x MCC Credit: 30% = Total Credit: $3579; Because the total credit in this example exceeds the IRS limit of $2000, the homebuyer would report a $2000 credit on their tax return. The buyer may continue to receive a tax credit for as long as they live in the home and retain the mortgage.

8. Biden to Offer $15,000 First-Time Homebuyer Tax Credit - AOL

   www.aol.com/biden-offer-15-000-first-204040439.html

   The first-time homebuyer credit was a tax credit for individuals and families who purchased a new home between April 9, 2008 and April 30, 2010, according to the IRS.

9. First-time homebuyer guide - AOL

   www.aol.com/finance/first-time-homebuyer-guide...

   First-time homebuyer programs offer mortgages with low down payment requirements and other favorable terms or assistance. ... An MCC offers a dollar-for-dollar federal tax credit, up to $2,000 per ...