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sil23 · Joined: 22 Dec 2010 Posts: 1 1.28 Dollars($)

I live in NY but bought a home in Florida in 2009..I applied and received the $8k 1st time homebuyers credit but unfortunately I was unable to relocate to Florida as yet..Will be doing so by Jan 4th 2011..
Question : Does the $8k have to be repaid because it took me over a year to relocate???

smithsussane · Posted: Wed Dec 22, 2010 8:46 pm Post subject:

Hi sil!

Welcome to forums!

I don't think you'll have to repay the tax credit. Nevertheless, you should contact a tax adviser and take his opinion in this matter.

Feel free to ask if you've further queries.

Sussane

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