Tuesday, May 4, 2010

Tax Credit Extended for Military Personnel

Special Rules for Members of the Military, the Foreign Service
and the Intelligence Community...Call me for more information on this!

Extension of Tax Credit Deadlines
  • The home buyer tax credit is available for qualified purchases with a binding sales contract in place on or before April 30, 2010 and closed by June 30, 2010.
  • However, for qualified service members who are ordered on a period of official extended duty, these dates are extended for one year. For these home buyers, the tax credit applies to sales with a binding sales contract in place on or before April 30, 2011 and closed by June 30, 2011.
  • A person who is forced to return to the U.S. for medical reasons before completing an assignment of at least 90 days of qualified official extended duty outside of the United States may qualify for the one-year extension. 


Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro

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