Quick Facts and 2008 Tax Refund Opportunities

Up to $8,000 Tax Credit for the First Time Home Buyers or those who have not owned a home in the last 3 years.

Can be claimed on your 2008 tax return even if you buy your home in 2009.

If you have filed your taxes already, you may file an amended return for 2008 to claim the credit.

Is a refundable Tax Credit. Which means that you can receive the credit even if you don't owe any tax.

Don't qualify for new homebuyer? Check out the credit for Repeat Home Buyers This credit is for those who have owned and lived in their home in the last 5 years.

See more details of the Federal Tax Credit at the above link, and talk with your tax professional to see if you qualify.