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Home > Money & Services > Taxes   »   When do I get my tax credit?

 
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Old Jan 20, 2009, 11:04 AM
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When do I get my tax credit?

I am recently buying a house, and now is a good time to buy or so i think. Anyway, since i am buying a house this year, it will go on the taxes that i file for 2009 right? I haven't filed taxes yet this year, and i didn't know when I needed to put the house on there? As far as the tax credit, does anyone have much info on it? It is good until April of 2009. I thought, since the latest you can send out your taxes is by the middle of April, that maybe i would get it back soon? Or is that done with taxes for the year 2009? I'm just a little confused.

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Old Jan 20, 2009, 11:26 AM   #2  
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Anybody have an idea to help me out?
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Old Jan 20, 2009, 12:21 PM   #3  
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Seriously!!!!!!!!!!!!!!!!!!!!!!!!!! why can't someone help me? I have always been helped, and now i am beginning to wonder why i am not being helped?

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ScottGem agrees: Seriously, you need to learn patience. You originally posted at 2:04. This post was at 3:21. You have to give time for someone to read your post and they may have to research the answer. An hour and 15 min is too shart to demand an answer.
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Old Jan 20, 2009, 12:26 PM   #4  
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Give them a break Adam. It's tax season and our Tax Experts have real jobs. They just do this for free in their own spare time.
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Old Jan 20, 2009, 12:33 PM   #5  
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I understand It's tax time and all, but i noticed that others were getting there Questions Answered. So, I was getting a little aggervated. I apologize. Just wondering if anyone could help.
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Old Jan 21, 2009, 09:43 AM   #6  
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If you have already bought the house, you can go ahead and claim the Home Buyer's Tax Credit on your 2008 tax return.

But you must have closed in order to claim the credit.

BTW, the "credit" is actually as an interest-free loan which you WILL pay back over the next few years on those years' tax returns, just so you know.
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Old Jan 22, 2009, 06:25 AM   #7  
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Yea, I was aware that i would be paying it back. It is paid back over the next 15 years in 500 dollars increments taken out of tax returns. I wasn't for sure when I would be getting it back, this year or next? I will be closing on the house next week. So, can i still file it with this years taxes? I thought so because it won't be around next year, but it is still available now until April.
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Old Jan 22, 2009, 12:40 PM   #8  
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Yes, you DO claim it on the 2008 tax return.

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adam_89 agrees: Thanks for the Great Advice!
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