I am getting a lot of questions regarding tax returns for 2008 and tax withholding adjustments for 2009 in regards to the First Time Homebuyers Tax Credit. NAR has put together a really good Q & A that should help you with some of these questions regarding the credit. Click on the links below to access the information. I am always happy to help you with any of your real estate needs or questions but when it comes to this type of evaluation and information it is important that you  ALWAYS consult your Accountant or Tax Professional for specifics as to how this credit may pertain to you and your specific situation. And, if the answer you get is that you would benefit from this Tax Credit, please give me a call as I would love to help you find your new home!

 

http://www.realtor.org/wps/wcm/connect/599a64804d24c83d931ff726a9949436/government_affairs_homeb_tax_cred_qa.pdf?MOD=AJPERES&CACHEID=599a64804d24c83d931ff726a9949436

 

http://www.irs.gov/newsroom/article/0,,id=205416,00.html