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    ranchen's Avatar
    ranchen Posts: 10, Reputation: 1
    New Member
    		  
    #1

    Apr 9, 2012, 08:33 AM
    First House Buyer Tax Credit
    Hi,

    I was F-1 and my wife was F-2 from 08/2007 to 04/2011, in which I was on OPT from 08/2010 to 04/2011. I am H-1B and my wife is H-4 from 05/2011 to current. This year, we chose dual-status (as stated on Pub. 519 page 34) to file tax return. I am asking:

    If I buy a house now, can I get First House Buyer Tax Credit (how much?) when I file tax return for 2012?

    If I put only my name on the title of the house, will my wife still be considered as a first house buyer if we buy a second house (on her title) in three years?

    Thanks
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Apr 23, 2012, 11:30 AM
    The First-Time Home Buyer's Credit expired in 2009; sorry!

    Also, you SHOULD have filed a joint return, with y9ou both CHOOSING to be treated as resident aliens for all of 2011. That option gives you a JOINT standard deduction of $11,600.

    If you want my professional help, double-click on my title above and scroll down to my profile/signature. You will find my email address and websites there if you cannot see it on this page.
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