General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDo they still do that tax break or give you money for buying a house?
Friends of ours are doing taxes at the last minute and they bought a house in 2013 and I am curious about it because it looks like my wife and I will be able to start looking for a house soon and I know a while back they offered some sort of tax refund for first time house buyers and I wondered if they still have that or if they got rid of that idea.
csziggy
(34,120 posts)First-Time Homebuyer Credit
http://www.irs.gov/uac/First-Time-Homebuyer-Credit-1
Tax Credits for Home Buyers
http://www.irs.gov/uac/Tax-Credits-for-Home-Buyers
Lots more links if you search for "irs tax credit for buying house".
Sgent
(5,857 posts)the program has expired.
The only tax benefit I can think of (beyond interest deduction, etc.) is that you can withdraw 10,000 from an IRA penalty free to help with the down payment.
diabeticman
(3,121 posts)notadmblnd
(23,720 posts)there is still a tax break