Discussion:First Time Home Buyer Tax Credit Refundable Question
From TaxAlmanac, A Free Online Resource for Tax Professionals
Note: You are using this website at your own risk, subject to our Disclaimer and Website Use and Contribution Terms.
From TaxAlmanac
(Difference between revisions)
Revision as of 18:58, 3 June 2009
Discussion Forum Index --> Advanced Tax Questions --> First Time Home Buyer Tax Credit Refundable Question
Discussion Forum Index --> Tax Questions --> First Time Home Buyer Tax Credit Refundable Question
| 3 June 2009 | |
| Probono client has minimial income - pays no tax. Usually does not even file a tax return. Lives on disability. Has saved $2,000. We could all learn on how to live on next to nothing from him. Wants to buy small home costing about $30,000 - cheap because it needs work, not in best neighborhood and fronts on a busy major street. It seems to me that he could get a $3,000 tax credit for this but that also seems too good to be true. Looking here for info on anything I may have missed. | |


