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April 23rd, 2010 6:13 PM

Home Buyer Tax Credit Extended for Some

As you know, to be eligible for the home buyer tax credit, purchasers must be under contract by April 30th and close on or before June 30th. But did you know that for certain members of the military and certain other federal employees that the tax credit is extended for an additional year? Some of the highlights are as follows:

  • Qualified military and certain federal employees who served on qualified extended duty outside of the U.S. for at least 90 days during December 31, 2008 and ending before May 1, 2010
  • Must be under binding contract on or before April 30, 2011
  • Must close on or before June 30, 2011

Posted by Rossella Baron on April 23rd, 2010 6:13 PMPost a Comment (0)

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