KHWEBERCPA Posted March 30, 2010 Report Posted March 30, 2010 Taxpayer and wife jointly purchased a home from wife's parents in June 2009. My conclusion was that it was a related party purchase and did not qualify for FTHBC. However, I read something in Kiplinger the other day that purchases with the same facts prior to November 6 were not considered related party purchases because only the wife was related. Did I miss something? Luckily, the return hasn't been prepared yet. Ken Weber Vancouver, WA Quote
Pacun Posted March 31, 2010 Report Posted March 31, 2010 Send the return without claiming the credit and then you will have a lot of time to find the correct answer and amend. Quote
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