"The level of qualifying income has also been expanded, allowing individual
taxpayers who make up to $125,000 and joint filers earning up to $225,000 to
qualify. The earlier credit had been limited to individuals earning up to
$75,000 and couples earning up to $150,000."
Does anyone know if the increased income limits apply to home purchases in
2009 made prior to the November 3rd extension?
All I know is this...
<http://tax.cchgroup.com/news/headlines/2009/nws103009.htm#2>
Might post the question to misc.taxes.moderated -- they keep up pretty
well over there.
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Haskel is banned from the group. I wonder why?
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No clue unless didn't behave himself at some point...
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Found the answer. New rules only pertain to home purchases after November
5th 2009 to June 30, 2010
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Don't know if that answered all questions you had; just noticed there's
a current thread that talks about some of the dates and provisions
around the transition question between old/new legislation if interested...
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I am following the threads.
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