Oh Baby! Posted February 25, 2010 Report Posted February 25, 2010 The credit on the 2008 return for those who purchased a new home in 2008 was $7,500 whcih was to be repaid $500 each year for 15 years. where do I enter the $500 repayment on the TP's 2009 return? Quote
TAXBILLY Posted February 25, 2010 Report Posted February 25, 2010 Repayment starts with the 2010 return: http://www.irs.gov/taxtopics/tc611.html taxbilly Quote
Oh Baby! Posted February 25, 2010 Author Report Posted February 25, 2010 Repayment starts with the 2010 return: http://www.irs.gov/taxtopics/tc611.html taxbilly Thanks! Quote
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