801-649-5883
.jpg)
Marina Vialtsina
Monday, December 15, 2008
Does the credit amount differ based on tax filing status?
No. The credit is in general equal to $7,500 for a qualified home purchase, whether the home buyer files taxes as a single or married taxpayer. However, if a household files their taxes as "married filing separately" (in effect, filling two returns), then the credit of $7,500 is claimed as a $3,750 credit on each of the two returns.
Subscribe to:
Post Comments (Atom)
1 comment:
The complex laws regarding buying a home are just way to involved.
Post a Comment