The $8000 tax credit is a great deal for people who are first time home buyers. But let’s review the tax credit and it’s provisions: First-time buyers can claim a credit worth $8,000 – or 10% of the home’s value, whichever is less – on their 2008 or 2009 taxes. To qualify for the credit, the home must be purchased between Jan. 1, 2009 and Nov.
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Time Is Running Out To Get The $8000 First Time Homebuyer Tax Credit
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