First-Time Home Buyers’ Tax Credit: What You Need to Know
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In 2009, the federal government introduced the First-Time Home Buyers’ (FTHB) tax credit, which provides for a $5000 tax credit for qualifying homes (amounting to up to $750 in tax relief for purchase expenses). Could you be eligible for the credit? Who can claim the credit on their tax return? What is a qualifying home? […]
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