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Taxation & Estate Planning

: TaxProf Blog

TIGTA: 50% of Homebuyers Must Repay Tax Credit

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The Treasury Inspector General for Tax Administration today released A Comprehensive Strategy Is Being Developed to Identify Individuals With First-Time Homebuyer Credit Repayment Requirements (2010-41-086): Approximately 1.8 million taxpayers claimed a total of almost $12.5 billion in First-Time Homebuyer Credits in Calendar Year 2009. More than 950,000 taxpayers will be...

Full post as published by TaxProf Blog on September 09, 2010 (boomark / email).

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