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First-Time Homebuyer Credit Gets More Flexibility

First-Time Homebuyer Credit Gets More Flexibility

Taxpayers that are eligible for the first-time homebuyer credit have more flexibility in claiming the credit. If those taxpayers purchase a home this year before December 1, they can claim the tax credit on their 2008 return or their 2009 returns.
The first-time homebuyer credit can be worth up to $8,000, or $4,000 for married people [...]