Jan 28, 2010

If you plan on claiming the home buying tax credit you cannot file an electronic return.

Congratulations on the purchase of your new home! If you plan on claiming the home buying tax credit you should know that you cannot file an electronic return with the IRS. All tax returns that are claiming the home buyer tax credit must be filed with a paper return.

According to the IRS site:

"Taxpayers who claim the credit on their 2009 tax return will not be able to file an electronic return, but instead will need to file a paper return."

Please visit with your accountant or tax professional for more information.


Related Florida real estate blogs on tax credit

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