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| Worker, Homeownership and Business Assistance Act of 2009 |
- Extends the $8,000 tax credit for first-time home buyers to Spring/Summer 2010
- Increases income limitation to $125,000 for individuals ($225,000 for couples)
- Buyers must be 18 years of age
- Limits home purchase price to $800,000
- New $6,500 tax credit to persons who now own a home and have lived in it
for 5 of the past 8 years
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Tax Credit FAQs
Tax Credit Overview
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Consult a tax advisor regarding your individual situation.
This information is not legal or tax advice.
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