Thursday, April 29, 2010

HomebuyerTax Credits Extend for Military through NEXT APRIL!

Attention, military personnel! While homebuyer tax credits expire for the rest of the population tomorrow, military personnel have until NEXT April 30, 2011 to take advantage of this homebuyer incentive!

Members of the Armed Forces and certain federal employees serving outside the U.S. have an extra year to buy a principal residence in the U.S. and still qualify for the credit. An eligible taxpayer must buy or enter into a binding contract to buy a home by April 30, 2011, and settle on the purchase by June 30, 2011.

For more details on the credit, visit the First-Time Homebuyer Credit page on IRS.gov.

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