REALTOR.org published an article describing a couple of IRS rules pertaining to the recently extended and modified First Time Homebuyers Tax Credit.
For example, who gets the credit if a parent co-signs on behalf of a child? Read the article to to see examples of the IRS Rules.
Don Grafues
Source: Washington Post Writers Group, Kenneth R. Harney (12/04/2009)
© Copyright National Association of REALTORS®, Reprinted from REALTOR.org with permission.
Source: Washington Post Writers Group, Kenneth R. Harney (12/04/2009)
© Copyright National Association of REALTORS®, Reprinted from REALTOR.org with permission.