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new home tax credit

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DSLaff
Team One of Each

Member since 10/09

2150 total posts

Name:
Dana

new home tax credit

We just closed before the deadline contractt signed in march 2010 closed june 2010 do we have to wait till 2010 tax time to claim money?

Message edited 6/21/2010 4:38:45 PM.

Posted 6/21/10 4:31 PM
 
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Coosie
So in love with my little boy!

Member since 1/10

1889 total posts

Name:

Re: new home tax credit

We closed 2/27/09 but we had done our taxes already. After we closed, I was able to file an amendment and got the $8000 right away.

Posted 6/21/10 4:34 PM
 

CTLcloser
LIF Zygote

Member since 6/10

1 total post

Name:

Re: new home tax credit

Yes. You will received the $8K Tax credit when you file your 2010 taxes next year. : )

Posted 6/21/10 5:20 PM
 

DSLaff
Team One of Each

Member since 10/09

2150 total posts

Name:
Dana

Re: new home tax credit

Posted by CTLcloser

Yes. You will received the $8K Tax credit when you file your 2010 taxes next year. : )



thank you !

Posted 6/21/10 9:48 PM
 

SummerMom
Now a mom of 2!

Member since 6/07

4970 total posts

Name:

Re: new home tax credit

We closed in February 2010 already got our $8K. We filed an amendment to 2009's taxes.

You need the 1040X to amend your 2009 tax return and the 5405 to prove you bought the house.

You'll get your $8K in about 2 months. Chat Icon

Message edited 6/22/2010 7:07:38 AM.

Posted 6/22/10 7:06 AM
 

HeatherRose
Life is Good :)

Member since 11/07

6605 total posts

Name:

Re: new home tax credit

Posted by DavaDay

We closed in February 2010 already got our $8K. We filed an amendment to 2009's taxes.

You need the 1040X to amend your 2009 tax return and the 5405 to prove you bought the house.

You'll get your $8K in about 2 months. Chat Icon



IRS actually says 3 months (while it may come sooner, that's what they say), and to the OP you can amend you 09 or claim it on your 2010 return, but its not neccessary to wait till 2011 to claim it on the 2010 return

Posted 6/22/10 9:36 AM
 
 

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