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How Does the Obama Stimulus Plan Help Me

http://www.myequitypro.com Posted by yourmortgageplanner 1188 days ago

First-time homebuyers who purchase homes from the start of the year until the end of November 2009 may be eligible for the lower of an $8,000 or 10% of the value of the home tax credit. Remember a tax credit is very different than a tax deduction – a tax credit is equivalent to money in your hand, as opposed to a tax deduction which only reduces your taxable income.

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  • #1 | rating: 0 | I'd like to rate this comment.
       Remember a tax credit is very different than a tax deduction, the buyers never can forget that!
    written by christopher.smith 1076 days ago


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