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Tax Credit at a Glance Tax Credit is available to buyers who have not owned a principal residence in the last 3 years. The maximum credit amount is $8,000. The credit is available for homes purchased from Jan. 1, 2009 and has been extended through April 30, 2010! Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit. The tax credit does not have to be repaid. :: Click here to learn more |