http://www.dannylipford.com/diy-home-improvement/financial/how-to-claim-the-federal-tax-credit-for-new-homeowners/ Expert Advice on Home Improvement Sat, 20 Mar 2010 15:36:02 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.dannylipford.com/diy-home-improvement/financial/how-to-claim-the-federal-tax-credit-for-new-homeowners/#comment-46667 Gulab Singh Sun, 03 Jan 2010 12:00:51 +0000 http://www.dannylipford.com/?p=6721#comment-46667 I am planning to buy a house, a part of which I am planning to rent out. Can I still claim the homeowner tax credit? I am planning to buy a house, a part of which I am planning to rent out. Can I still claim the homeowner tax credit?

]]> http://www.dannylipford.com/diy-home-improvement/financial/how-to-claim-the-federal-tax-credit-for-new-homeowners/#comment-46166 Ben Erickson Thu, 19 Nov 2009 16:06:27 +0000 http://www.dannylipford.com/?p=6721#comment-46166 Hi Tim, I checked with the IRS, and they said that the changes are so new for homes purchased after Nov. 6th, that they don't know the answer yet. Check the IRS website http://www.irs.gov/ over the next few weeks for updated information. At the very least, you will be able to claim the tax credit on your 2009 tax return. Congratulations on your new home! Hi Tim,
I checked with the IRS, and they said that the changes are so new for homes purchased after Nov. 6th, that they don’t know the answer yet. Check the IRS website http://www.irs.gov/ over the next few weeks for updated information. At the very least, you will be able to claim the tax credit on your 2009 tax return. Congratulations on your new home!

]]> http://www.dannylipford.com/diy-home-improvement/financial/how-to-claim-the-federal-tax-credit-for-new-homeowners/#comment-46155 Tim Koster Wed, 18 Nov 2009 16:05:02 +0000 http://www.dannylipford.com/?p=6721#comment-46155 We just purchased a home (Closed Nov 10th)with the intention of claiming the $8000 tax credit via the 1040x/5405 combination against the 2008 tax year. When we went to the IRS site to download the appropriate forms we found that the 5405 form is no longer valid after November 6. Does that mean those who close on a house have to wait until they file their 2009 taxes to get the money? We just purchased a home (Closed Nov 10th)with the intention of claiming the $8000 tax credit via the 1040x/5405 combination against the 2008 tax year. When we went to the IRS site to download the appropriate forms we found that the 5405 form is no longer valid after November 6. Does that mean those who close on a house have to wait until they file their 2009 taxes to get the money?

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