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NEW!!!
First-Time Homebuyer Tax Credit (click
here for more information)
- The tax credit is available for first-time home buyers only.
- The maximum credit amount is $7,500.
- The credit is available for homes purchased on or after April 9, 2008 and
before
July 1, 2009.
- Single taxpayers with incomes up to $75,000 and married couples with
incomes up to $150,000 qualify for the full tax credit.
- The tax credit works like an interest-free loan and must be repaid over a
15-year period.
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