Is there a tax deduction for the purchase of a home in 2008?
We purchased a home in Aug of 2008, we’ve already filed our income tax for 2008. Were we suppose to get an $8000.00 tax deduction because of the purchase or some type of loan of that amount?
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August 12th, 2010 at 10:14 am
I think its $7500 and it has to be repaid. The $8000 is for homes purchased in 2009. You can check the IRS website to be sure.