Recent Blog Posts by Jim Henry

IRS Clarifies What's Needed to Claim Tax Credit

IRS Clarifies What's Needed to Claim Tax Credit The Internal Revenue Service has clarified which documentation taxpayers need to submit to claim the $8,000 first-time and $6,500 repeat homebuyer tax credit. The new IRS policy clarified documentation that taxpayers need to submit to successfully obtain either credit: * A fully executed IRS Form 5405 (available at http://www.irs.gov/pub/irs-pdf/f5405.pdf) ...