Discussion:First Time Home Buyer Tax Credit Refundable Question
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Revision as of 19:03, 3 June 2009 Jake (Talk | contribs) (I see where he c) Next diff → |
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| {{ForumNewPost|UserID=Jake|Date=3 June 2009|Text=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. }} | {{ForumNewPost|UserID=Jake|Date=3 June 2009|Text=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. }} | ||
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| + | {{ForumReplyPost|UserID=Jake|Date=3 June 2009|Text=I see where he could even get the money faster as he can claim the 2009 credit for a 2009 purchase on a 2008 return. }} | ||
Revision as of 19:03, 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. | |
| 3 June 2009 | |
| I see where he could even get the money faster as he can claim the 2009 credit for a 2009 purchase on a 2008 return. | |
