First Time Home Buyer $8,000 Tax Credit for H1B visa holder. [Archive]

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thetruckguy

Dec 8, 2009, 02:47 PM

Hi,

I am currently on H1B Visa and my spouse is on H4 visa. We are planning to buy a house but not sure if we are eligible to get the First Time Home Buyer $8,000 Tax Credit.

Also we have not travelled outside US in the past 2+ years. Can anyone please advise.

Thank you very much in advance

AtlantaTaxExpert

Dec 8, 2009, 02:57 PM

If this is your first home and if you file as a resident alien, filing Form 1040, then, yes, you ARE eligible for $8,000 First Time Home Buyer's Credit.

thetruckguy

Dec 8, 2009, 06:30 PM

Thank you

AtlantaTaxExpert

Dec 9, 2009, 10:26 AM

Glad to help!