Learn More About The $8000 First Time Buyer Tax Credit

I bought a home in early 2009 & claimed the 2008 tax credit of $7500 on my 2008 tax return. How can I claim the 2009 tax credit of $8000 instead?

 File an amended 1040X tax return form for 2008. Make sure you consult a tax advisor to ensure you file the return properly!

I hired a contractor to construct a home on a lot that I already own. Do I still qualify for the tax credit?

Absolutely! Just make sure that the occupancy date is between January 1, 2009 and December 1, 2009.