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Yes, I purchased a house in 2008 and got first time home buyer
Yes, I purchased a house in 2008 and got first time home buyer credit $7500 ,then sold it in 2014. Do I need to repay the balance of credit? Do I need to file form 5405?… read more
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My return got electronically rejected this year because of
My return got electronically rejected this year because of the home buyers credit in 2008. My ex husband and I got a divorce in April 2011 and he was awarded the home. My return is being rejected beca… read more
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I have a question about irs tax form 5405. My home in Texas
I have a question about irs tax form 5405. My home in Texas was purchased in 2008. I claimed the $7500 home buyer credit (form 5405). I will be relocated from Texas to California (work for same employ… read more
Lev
Lev
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My wife and I who were not married at the time both have the
My wife and I who were not married at the time both have the $7500 first time home buyer tax credit. The last 2 years I filed us married but filing separate so that we could both make a payment on the… read more
Anne
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My son bought his first home (my husband cosigned so he could
My son bought his first home (my husband cosigned so he could get the loan but never lived there nor claimed any right to the property) in April 2008 and qualified for the first time homebuyer credit … read more
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I got a 1st time home owners loan a couple of years ago. What
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Tax year 2008 tp received $ 7500 first time home buyer credit.
Tax year 2008 tp received $ 7500 first time home buyer credit. Tax year 2010 home was underwater in value, listed home for sale. TP did start monthly payments of $ 100 per month to apply to repayment … read more
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I have a tax/real estate law question. I did a Deed-In-Lieu
I have a tax/real estate law question. I did a Deed-In-Lieu on my primary residence in January 2011. Since then SunTrust has been calling me to preserve my home (A Lot too Late in my opinion). In eith… read more
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i have already paid back my homebuyers credit in full but turbo
i have already paid back my homebuyers credit in full but turbo tax is still taking out 500. how do i fix this… read more
R. Klein, EA
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I bought a condo in May of 2010. I got the first-time home-buyers
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my wife and i claimed the 1st time homebuyer tax credit in
my wife and i claimed the 1st time homebuyer tax credit in '08. we got the full $7500 credit. she moved out in august '09. last year we filed jointly, having not decided whether to divorce. we're stil… read more
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Bought a condo on 2/19/2010, received a 1st Time Home Buyer
Bought a condo on 2/19/2010, received a 1st Time Home Buyer Credit of 10% = $5,500. Sold condo 8/24/2010. Need to send back the $5,500. Bought for $55K, sold for $54K - with expenses. What should I do… read more
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Hello, My wife is a freelance book editor. Last year she
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My wife and I had purchased a home in 2008 and received the
My wife and I had purchased a home in 2008 and received the $7500 tax credit that we would have to repay. Last year I filed an individual Chapter 7 Bankruptcy that was discharged and included my mortg… read more
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I am filing 1040x to get my first time home owners tax credit.
I am filing 1040x to get my first time home owner's tax credit. The form is 5405 and I see it listed under payements. I don't understand the rest of that section. 11. is Federal income tax withheld . … read more
Anne
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I bought a new home in Novemeber 2008 and recieved the Bush
I bought a new home in Novemeber 2008 and recieved the Bush $7500 first time home buyers credit. I am going to be transfered for my job. I am not sure if I will be able to ge what I paid for the house… read more
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I recieved the $7500 frst time homeowners credit applied to
I recieved the $7500 frst time homeowners credit applied to my 2008 tax return. This was the first of the homeowners stimulus plan where the 7500 dollars was to be repaid $500 per year on future tax r… read more
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I hope I picked the right category to ask this question. I
I hope I picked the right category to ask this question. I am in the process of buying a house in pine hill new jersey and am very confused about the 8000 dollar tax credit and how it works. I thought… read more
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