This is a refundable tax credit, meaning if it exceeds the amount of tax owed, a taxpayer may receive the excess amount as a ...

A tax credit directly reduces your tax liability on a dollar-for-dollar basis. This makes it a better option than a tax ...

The federal first-time homebuyer tax credit was available to Americans purchasing their first homes from April 2008 through September 2010. It has expired, but prospective homeowners can still use ...