First Time Home Buyer Credit – Form 5405

Thu, 14 Jan 2010 15:34:35 +0000

Anyone out there in my position? Since the revision to the first time home buyer credit the IRS stated that they were making a new Form 5405. This is the main form that you need to submit to get 7500 or 8000 depending on when you purchased your new home. I’ve been looking for this new form since Nov. 12th and check it nearly 2 times a week. Here is what it states:

this 2008 Form 5405 can be used only for homes purchased before November 7, 2009, for which you choose to claim the credit for 2008. We will issue a new revision of Form 5405 soon.

Typical government, the first time I checked the form it said it would be out late December, then the next week the first week of Jan, now it just says “soon”

Anyone have any information on this? Why are they dragging their feet?

Link to Form – http://www.irs.gov/pub/irs-pdf/f5405.pdf

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First Time Home Buyer Credit – Form 5405