Monday, February 22, 2010

What you need to obtain your tax credit

If you purchased a home in 2009 or you're planning on purchasing a home before April 30th, 2010, you're probably going to take advantage of the housing credit.  There's been a lot of press about the 8K first time home buyers credit but not a lot of clarity. 

Just in time for tax season, the IRS has issued new guidelines on what sort of documentation is needed to obtain the tax credit.  In Saturday's Real Estate section, The Post published a comprehensive overview of what is needed for your $6500 or $8000 credit.  If you're taking advantage of the credit, make sure you review this article. 

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