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    micky_123's Avatar
    micky_123 Posts: 9, Reputation: 1
    New Member
    		  
    #1

    Mar 31, 2009, 12:15 PM
    2009 Tax credit for new home not settled yet
    I am buying a new home from a home builder and have signed the agreement and given a significant amount with agrement. The house will be delivered in a few months and will be settled at that point of time. Can I apply for the new home credit with my tax file before April 15. If yes, how do I go about it. If not, do I have to wait till next year to file for tax credit or can I do it mid year with some amendment.
    I would really appreciate if someone could clarify this and help me out.
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #2

    Mar 31, 2009, 05:45 PM

    No. You will get credit only after it is settled.
    Then you can file amended tax return.
    This credit is available for first time home Your U.S. Tax Return: First-Time Homebuyer Credit
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