FORM 5405 for homebuyers' tax credit

If you bought the house and want to receive the tax credit of $8,000 or $6,500, Make sure you are aware of the new form released by the Internal Revenue Service (FORM 5405) that eligible homebuyers need to claim for their 2009 tax filing if they took advantage of this first-time homebuyers credit.

Taxpayers claiming the homebuyer credit must file a PAPER tax return because of the added doc...umentation requirements implemented to deter fraud and ensure taxpayers properly claim the credit. Additional requirements and link to FORM 5405 provided in the link.See More

http://www.irs.gov/newsroom/article/0,,id=218336,00.html