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To qualify for the credit you have to purchase your home between January 1, 2009 and April 30th, 2010. You can still qualify for the credit if you purchase your home after April 30th but before June 30th, 2010 as long as you have a legal contract binding you to the sale before April 30th, 2010.

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Q: What is the deadline to apply for 8000 tax credit for first time home buyers credit?
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How does someone qualify for the home buyers credit?

The first time home buyers credit is available to people who purchased their home from 2008-2010. You could not previously have owned a home in the three years before the closing date on your new house. If you owned a home previously, but sold it before the three year deadline, you are still a candidate.


What are some benefits for mortgages for first time buyers?

First time buyers get tax benefits and begin to build a credit.


What is first time home buyers credit?

First time home buyer's credit will not prevent you from getting a home loan. This credit is intended to help first time home buyers. You can check with your lending company to get more information.


Is there a first time home buyers credit?

You can find information regarding first time home buyers credit at the following website...www.irs.gov/newsroom/article/0,,id=186831,00.html or www.zillow.com/.../is-first-time-homebuyer...credit.../436914/


Are there rebates available for first time home buyers?

There is currently an $8000 tax credit to those who purchased a new house in 2009. However, this tax credit only applies to new home buyers, previous home buyers will not qualify for this credit.


Do first time house buyers still get a tax credit from the government on their federal income tax return?

First time house buyers do still get a tax credit from the government on their federal income tax return. This is a very nice tax credit that helps thousands of new home buyers every year.


What is the amount of the first time home credit for a first time home buyer?

First time home buyers get a $8,000 tax credit for a home contract signed by April 30, 2010 (completed no later than June 30, 2010). Repeat buyers get a $6,500 tax credit.


Where do I go to get my first Premier credit card?

If one wishes to have a First Premier credit card it is possible to apply for a card online. One can visit the First Premier website and click on 'apply for a credit card today'. One can also apply from the My Premier Credit Card website by simply clicking on apply now.


Is there a tax credit for first time home buyers?

Yes. There is a first-time home buyer credit of up to $8000 until 4/30/2010.


What are the important details on 8000 tax credit for first time home buyers?

Some important facts of $8,000 tax credit for first time home buyers are: # It is a true tax credit to home buyers, not a loan as initially devised. # It is only for "first time" home buyers who haven't owned real estate in the last 3 years. # It is capped at 10% of the purchase price. # The buyer must remain in the home for the minimum of 3 years. # It is applicable for first time buyers that buy or have bought between 1/1/2009 and 12/1/2009. # Full credit is available to those making $75,000 or less or $150,000 for joint filers.


Do you have to claim the 8000 first time home buyers tax credit as income on your next tax filing?

No.


Is there still a tax credit available to first time home buyers?

Yes. The first time home buyers tax credit has been extended through May 1, 2010. According to irs.gov if a home is under contract by May 1, 2010 and closed on by July 1, 2010 the first time buyer will receive an $8,000 tax credit.