Tag Archives: first time homeowners

First Time Home Buyers Video from TurboTax

March 12, 2010 – 10:27 am

First Time Home Buyers Video from TurboTax

Great information from TurboTax about the First Time Home Buyers Tax Credit. This tax tips video tells of the expanded and extent tax credit that provides $8,000 to first time home buyers and $6,500 to long term home owners that are purchasing a new home before April 30th. Discover the fine points of the tax law including income limits, home qualifications, and ownership responsibilities after claiming the tax credit.

Ad: Get a Personalized Free T Shirt Today!

_{»crosslinked«}

… Read more at 2008 Taxes.

By Steve | Posted in Tax Preparation, tax return, turbotax | Also tagged claiming the tax credit, income limits, long-term home owners, tax credit, turbo tax, turbotax | Comments (2)

ARRA Provides Tax Benefits to Consumers

June 25, 2009 – 4:22 pm

ARRA Provides Tax Benefits to Consumers

The American Recovery and Reinvestment Act of 2009 provides a number of tax benefits to consumers that are worth looking into if you fit into one of these categories and can take advantage of the tax credit according to the IRS. Purchasers of cars and homes should look into two of the tax credits and the unemployed get a generous tax credit also.

1. Making Work Pay Tax Credit: Most Americans saw an increase in their take-home pay in early April but should double check their withholding to make sure they are paying … Read more at 2008 Taxes.