Filing Your Home Buyer Tax Credit
I just received a very informative note from a colleague of mine regarding tax filing for the 2009-2010 Home Buyer Tax Credits. If you are eligible for either Tax Credit you must file a paper return, and NOT an e-file tax return.
I’m not a great tax mind, so don’t ask me why, but the IRS is requiring people to file their returns by paper and snail mail, as opposed to electronically online.
For full information on the tax credit filing procedures, visit the IRS website.
Just thought I’d spread the word to you.
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Comments
I didn’t know this, good info. One thing that I did find out was that if you buy a home in 2010 (before the deadline), you can claim it on your 2009 return. Cool.
Great info Steve! I was unaware of this as well. And we will be sure to get the word out here so all first time home buyers are aware of this. Thanks!
Steve, this is not great news. Hopefully the software that’s coming out this year will still account for this and allow you to at least prepare your taxes online/via tax cut or h&r block’s software offering, etc… but then you just choose to print & mail instead of e-file. If I have to literally fill out paper forms I’ll have to hire someone (perhaps THAT’s part of the stimulus package as well