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NoStressMom
My Heart and Soul
Member since 5/05 11122 total posts
Name:
D
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First Time Homebuyers $8,000 credit???
For those of you that are first time homebuyers and just purchased your home recently how long did it take for you to receive the money??
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Posted 5/7/10 12:44 PM  |
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nov04libride
big brother <3
Member since 5/05 14672 total posts
Name:
Me
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Re: First Time Homebuyers $8,000 credit???
D, do you own the house in SC? You might not be eligible--we weren't since we had owned our condo.
My mom got it, and it was applied to her taxes for the year. She didn't get a check for the amount.
Message edited 5/7/2010 1:31:14 PM.
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| Posted 5/7/10 1:29 PM |
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Peaches77
LIF Adult
Member since 1/10 993 total posts
Name:
Me
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Re: First Time Homebuyers $8,000 credit???
The credit is something that is reported on your tax return. If you qualified this year, you could have reported it on your 2009 tax return. It affects your taxes, and based on the rest of your tax situation, you would get hte money back that way in form of a refund.
You can FM for more info, I am a CPA.
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| Posted 5/7/10 1:42 PM |
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HeatherRose
Life is Good :)
Member since 11/07 6605 total posts
Name:
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Re: First Time Homebuyers $8,000 credit???
i just posted about my refund the other day. it took no more then 4 weeks for me to get mine (even though the IRS says it should take up to 12 weeks to process)
I also submitted my tax return in the heart of tax season so I was shocked to see it in my bank account so fast!
HTH
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| Posted 5/7/10 2:12 PM |
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Cheeks24
Living a dream
Member since 1/08 8589 total posts
Name:
Cheeks
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Re: First Time Homebuyers $8,000 credit???
It was included in our tax refund last year.
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| Posted 5/7/10 2:22 PM |
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SummerMom
Now a mom of 2!
Member since 6/07 4970 total posts
Name:
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Re: First Time Homebuyers $8,000 credit???
Bought the house this February, filed my 2009 taxes in March and amended them the next day to submit the paperwork for the refund.
It's been 7 weeks and I'm still waiting!
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| Posted 5/7/10 4:25 PM |
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rkoenke
my little piggys
Member since 3/08 4315 total posts
Name:
rachel
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Re: First Time Homebuyers $8,000 credit???
we bought in december, filed in february and still haven't gotten ours.
we are getting the 6500.00, maybe they are investigating us to be sure that we aren't scamming them........
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| Posted 5/7/10 10:06 PM |
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NoStressMom
My Heart and Soul
Member since 5/05 11122 total posts
Name:
D
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Re: First Time Homebuyers $8,000 credit???
Posted by nov04libride
D, do you own the house in SC? You might not be eligible--we weren't since we had owned our condo.
My mom got it, and it was applied to her taxes for the year. She didn't get a check for the amount.
Beth we do since the SC home was only investment and we never lived in it
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| Posted 5/8/10 9:01 AM |
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browneyes
All moms are working mothers!
Member since 8/08 4311 total posts
Name:
Super Mom
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Re: First Time Homebuyers $8,000 credit???
We put it in our taxesl;. We did them the 1st week of april and we got all our return state federal and homebuyer credit 2 weeks ago. So about a month
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| Posted 5/8/10 9:52 AM |
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