VIP need help about Home Buyers Tax Credit
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jillee03
LIF Adult
Member since 8/05 953 total posts
Name: Jill
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VIP need help about Home Buyers Tax Credit
I am buying from my aunt and I am hearing you can't buy from family.
Is an Aunt considered in this category.
•Home purchases from relatives of the taxpayer or the taxpayer’s spouse do not qualify for the tax credit. The IRS defines relatives as ancestors (parent, grandparent, etc.), lineal descendants (child, grandchildren, etc.) and spouses.
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Posted 4/29/10 10:16 AM |
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