資深房地產經紀林曉聞談首次購屋退稅﹝上﹞
林曉聞房地產經紀
文 / 林曉聞 (WENDY LIN) 房地產經紀
Who Gets What?
First-Time Homebuyers (FTHBS): First-time homebuyers (that is, people who have not owneda home within the last three years) may be eligible for the tax credit. The credit for FTHBs is 10% of the purchase price of the home, with a maximum available credit of $8,000. Single taxpayers and married couples filling a joint return may qualify for the full tax credit amount.
What Are The New Deadlines?
In order to qualify for the credit, all contracts need to be in effect no late than April 30, 2010 and close no later than June 30, 2010.
What Are The Income Caps?
The amount of income someone can earn and qualify for the full amount of the credit has been increase. Single tax filers who earn up to $125,000 are eligible for the total credit amount. Those who earn more than this cap can receive a partial credit. However, single filers who earn $145,000 and above are ineligible. Joint filers who earn up to $225,000 are eligible for the total credit amount.
Those who earn more than this cap can receive a partial credit. However, single filers who earn $225,000 and above are ineligible.
What is the Maximum Purchase Price?
Qualifying buyers may purchase a property with a maximum sale price of $800,000.
What is a Tax Credit?
A tax credit is a direct reduction in tax liability owed by an individual to the Internal Revenue Service(IRS). In the event no taxes are owed, the IRS will issue a check for the amount of tax credit an indival is owed. Unlikely the tax credit that existed in 2008. This credit does not require repayment unless the home, at any time in the first 36 months of ownership, is no longer an individual’s primary residence.
How Much are First-Time Homebuyer (FTHB) Eligible to Receive?
An eligible homebuyer may request from the IRS a tax credit of up to $8,000 or 10% of the purchase price for a home. If the amount of the home purchased is $75,000, the maximum amount the credit can be is $7,500. If the amount of the home purchased is $100,000, the amount of the credit may not exceed $8,000.
Who is Eligible fort FTHB Tax Credit?
Anyone who has not owned a primary residence in the previous 36 months, prior to closing and the transfer of title, is eligible. This applies both to single taxpayers and married couples.
In the case where there is a married couple, if either spouse has owned a primary residence in the last 36 months, neither would qualify. In the case where an individual has owned property that has not been a primary residence, such as a second home or investment property, that individual would be eligible. As mentioned above, the tax credit has been expanded so that existing homeowners who have owned and occupied a primary residence for a period of five consecutive years during the last eight years are now eligible for a tax credit of up to $6,500.
本文由林曉聞 (WENDY LIN) 房地產經紀提供，林曉聞服務於COLDWELL BANKER EXCELLENCE，資深專業，誠實可靠。專精東區及Yorba Linda, Brea, Fullerton, Anaheim Hills, North Orange County 鄰近地區。聯絡方式：w.lin8188@sbcglobal.net 或專線：(714) 767-8959。
Who Gets What?
First-Time Homebuyers (FTHBS): First-time homebuyers (that is, people who have not owneda home within the last three years) may be eligible for the tax credit. The credit for FTHBs is 10% of the purchase price of the home, with a maximum available credit of $8,000. Single taxpayers and married couples filling a joint return may qualify for the full tax credit amount.
What Are The New Deadlines?
In order to qualify for the credit, all contracts need to be in effect no late than April 30, 2010 and close no later than June 30, 2010.
What Are The Income Caps?
The amount of income someone can earn and qualify for the full amount of the credit has been increase. Single tax filers who earn up to $125,000 are eligible for the total credit amount. Those who earn more than this cap can receive a partial credit. However, single filers who earn $145,000 and above are ineligible. Joint filers who earn up to $225,000 are eligible for the total credit amount.
Those who earn more than this cap can receive a partial credit. However, single filers who earn $225,000 and above are ineligible.
What is the Maximum Purchase Price?
Qualifying buyers may purchase a property with a maximum sale price of $800,000.
What is a Tax Credit?
A tax credit is a direct reduction in tax liability owed by an individual to the Internal Revenue Service(IRS). In the event no taxes are owed, the IRS will issue a check for the amount of tax credit an indival is owed. Unlikely the tax credit that existed in 2008. This credit does not require repayment unless the home, at any time in the first 36 months of ownership, is no longer an individual’s primary residence.
How Much are First-Time Homebuyer (FTHB) Eligible to Receive?
An eligible homebuyer may request from the IRS a tax credit of up to $8,000 or 10% of the purchase price for a home. If the amount of the home purchased is $75,000, the maximum amount the credit can be is $7,500. If the amount of the home purchased is $100,000, the amount of the credit may not exceed $8,000.
Who is Eligible fort FTHB Tax Credit?
Anyone who has not owned a primary residence in the previous 36 months, prior to closing and the transfer of title, is eligible. This applies both to single taxpayers and married couples.
In the case where there is a married couple, if either spouse has owned a primary residence in the last 36 months, neither would qualify. In the case where an individual has owned property that has not been a primary residence, such as a second home or investment property, that individual would be eligible. As mentioned above, the tax credit has been expanded so that existing homeowners who have owned and occupied a primary residence for a period of five consecutive years during the last eight years are now eligible for a tax credit of up to $6,500.
本文由林曉聞 (WENDY LIN) 房地產經紀提供，林曉聞服務於COLDWELL BANKER EXCELLENCE，資深專業，誠實可靠。專精東區及Yorba Linda, Brea, Fullerton, Anaheim Hills, North Orange County 鄰近地區。聯絡方式：w.lin8188@sbcglobal.net 或專線：(714) 767-8959。