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- New American Opportunity Tax Credit. This credit extends the Education Credits to more years
and the dollar amount is increased to $2,500. These changes will remain in effect until the Tax
Credit is rescinded.
- First Time Home Buyers Credit. This is an $8,000 credit on the first primary home that you
purchase. This credit has been extended until 06/30/2010. Buyers MUST have SIGNED the
contract by 04/30/2010 and CLOSE on or before 06/30/2010.
- Current Home Buyers Credit. This is a $6,500 credit that is being offered to buyers who change
their Primary Residence to a different location which will then become their Primary Residence.
This credit expires 06/30/2010. Buyers who wish to participate MUST have SIGNED the contract
by 04/30/2010 and CLOSE on or before 06/30/2010.
If you have additional questions or just want to learn more you might consider visiting to
following Web Site http://www.irs.gov/newsroom/article/0,,id=204335,00.html.
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