The BNA Tax Management Staff provides sample client ...

First-Time Homebuyer Credit-Loan . A taxpayer who is a first-time homebuyer is allowed a refundable credit equal to 10% of the purchase price of the residence, not to exceed $7,500 ($3,750 for a married individual filing separately) A first-time homebuyer is a homebuyer who has not held a present interest in a primary residence in the three ... ................
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