An Extra $8,000 Tax Credit Applied to the Purchase of Your Next Home!

You may be able to get $8,000 from the IRS if you buy a house before December 1, 2009

A $8,000 tax credit for 10 percent of the purchase price of a house or condo up to a maximum $8,000 is available for first time home buyers until December 1, 2009.

The credit is only for first-time home buyers, with the purchase being required
as a personal residence.

A single buyer is limited to an adjusted gross income of $75,000 or less to be eligible for the full credit. Married couples can have an adjusted gross income of up to $150,000.

The credit only applies to those who buy a home on or after Jan. 1 and before Dec. 1, 2009.