Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can I still use the Federal homebuyer tax credit (up to $8,000) announced as part of the U.S. American Recovery and Reinvestment Act of 2009?

April 26, 2017ACT American announced Federal homebuyer recovery Reinvestment tax credit

0

Posted

Can I still use the Federal homebuyer tax credit (up to $8,000) announced as part of the U.S. American Recovery and Reinvestment Act of 2009?

1 Answer

0

Posted

Yes. If you obtain an MCC, you can take advantage of both the Federal tax credit and the 20% mortgage tax credit offered by the MCC.