Claiming Your CreditPosted On: 03/10/20101. Complete IRS Form 5405 to determine your credit amount. Download one at http://www.irs.gov/pub/irs-pdf/f5405.pdf (Note that although the form is titled "First-Time Homebuyer Tax Credit" it is the correct form for both the $8,000 first-time buyer credit and the $6,500 repeat buyer credit.) 2. Claim your credit amount on line 67 of the 1040 income tax form for 2009 returns. 3. Buyers also must attach a copy of their HUD-1 settlement form (closing statement) to Form 5405 as proof of the completed home purchase. Got Questions?On the Web• www.federalhousingtaxcredit.com • www.irs.gov On Twitter• www.twitter.com/FTHBtaxcredit On Facebook• www.facebook.com/federalhomebuyertaxcredit
View Foreclosure Article Archives
Foreclosure Auction Schedule |
Foreclosure Articles |
Avoid Foreclosure All content copyright © 1997 - 2010 by Record Information Services, Inc. |
