[adam_89]

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.

[adam_89]

Anybody have an idea to help me out?

[adam_89]

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?

[J_9]

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.

[adam_89]

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.

[AtlantaTaxExpert]

If you have already bought the house, you can 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.

[adam_89]

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.

[AtlantaTaxExpert]

Yes, you DO claim it on the 2008 tax return.