Understanding the '08 and '09 Home Buyer's Credits
The repayment rules depend on whether he bought his home in 2008 or 2009. If you
bought a first home between April 9, 2008, and December 31, 2008, you are eligible for a tax credit of 10% of the home's
purchase price, up to $7,500. But if you buy a house between January 1, 2009, and December 1, 2009, you could receive
a credit for 10% of the home's purchase price, up to $8,000. Read more on where to go to get your credit and if you have
to wait to claim your2009 tax credit. Read more...
