Saturday, January 23, 2010

First Time Home Buyer Tax Credit


It's time to file for taxes again. This time we will be able to claim Fifi and also claim all the hospital bills that we paid for her birth. I am hoping that we will get a bigger tax return this year compared to last year. Almost half of my husband's paycheck is taken as income tax. We hope that we would get back atleast half of what we paid into the system.

We file our taxes online through turbotax and so far we're getting good returns. This year though, we're thinking of getiing somebody's services to file it for us. The money we give to the church is credited, the renovations in our house is credited and a new car is also credited. For married couples who  just bought a house, they could benifit from the First Time Home Buyer Tax Credit, they would get a whopping $8,000 back. That means those of who who just bought your home from 3 years ago, you could benifit from this.

Watch the video below for more details;

1 comments:

Lina Gustina on January 25, 2010 5:35 AM said...

Nice to hear that there isn't problem with your tax returns, Kath.