8000 tax credit for 2010

ebaines · Jan 23, 2012, 07:45 AM

Yes, you could have taken the credit on your 2010 tax return, assuming that the purchase qualified for the first-time home purchase (it's your main home, you qualify as a "first time buyer, " you did not buy it from a relative, and you still own it). You can submit an amended 2010 tax return form 1040-X to take advantage of this. For more info see: First-Time Homebuyer Credit

jwoods1 · Jan 24, 2012, 12:15 PM

I bought a home on july17th 2010 and wanted to know that if I paid cash for it without any bank or mortgage company was involved in the purchase of that home.Did I qualify for the 8000 tax credit since the home was closed on before the september 30th closing deadline.And I was told that I could by filing an amended tax return for 2010.

ebaines · Jan 24, 2012, 12:24 PM

Quote:

Originally Posted by jwoods1

I bought a home on july17th 2010 and wanted to know that if I paid cash for it without any bank or mortgage company was involved in the purchase of that home.Did I qualify for the 8000 tax credit since the home was closed on before the september 30th closing deadline.And I was told that I could by filing an amended tax return for 2010.

Correct.

8000 tax credit for 2010

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