Domain: tiger-web1.srvr.media3.us $15000 Homebuyer Credit Question? | Page 2 | Money Talk
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re: $15000 Homebuyer Credit Question?

Posted on 2/10/09 at 9:21 am to
Posted by Croacka
Denham Springs
Member since Dec 2008
61451 posts
Posted on 2/10/09 at 9:21 am to
even if you close after april 15th

the feds have stated that you will be allowed to claim the credit for the year 2008.

You can amend your return any time, even 5 years from now.

quote:

CE Tiger


Whats the CE stand for?

This post was edited on 2/10/09 at 9:23 am
Posted by poboydressedplease
Member since Jul 2008
9174 posts
Posted on 2/10/09 at 9:28 am to
If someone bought a home in 08 this says they CAN file an amendment for another $7500 it is just not automatic i e.... retro active? You have to file the amendment?

LINK
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 2/10/09 at 9:30 am to
quote:

Whats the CE stand for?


civil engineer..wsn't too creative during the td.com registration process
Posted by Croacka
Denham Springs
Member since Dec 2008
61451 posts
Posted on 2/10/09 at 9:31 am to
I've read that link and I don't see where you are getting that information from. Maybe I just read it differently, what are you seeing?
Posted by Croacka
Denham Springs
Member since Dec 2008
61451 posts
Posted on 2/10/09 at 9:31 am to
quote:

civil engineer


me too, that's why I was curious
Posted by angryslugs
Member since Apr 2008
11492 posts
Posted on 2/10/09 at 1:37 pm to
since this is a credit and not a rebate, does this mean i get all the money back i paid in taxes? i paid $5700 to the feds, got back $3700. do i get the remaining 2 grand? this thing confuses me
Posted by igoringa
South Mississippi
Member since Jun 2007
12295 posts
Posted on 2/10/09 at 1:41 pm to
If you buy in 2009 and the bill passes, You would be able to get the $2000 plus make sure you have zero liability in 2009 to the extent your liability is below 13000 (15,000-2000)
Posted by seawolf06
NH
Member since Oct 2007
8159 posts
Posted on 2/10/09 at 1:41 pm to
Another site in case it might help anyone.

LINK

I didn't know you could ammend previous returns. This would help on this because it doesn't go into effect until the next tax year. (2010 if filed in 09)
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