$8000 Tax Credit FAQ

Below is the link for the best website that I have come across that answers some of the more unique questions about the $8000 tax credit and when the buyer qualifies. Furthermore, the website is the IRS official website. I would think that they would know what they are talking about. (Feel free to comment on that last statement.)

One of the more interesting items that I picked up is this statement:

• Eligibility for the first-time homebuyer credit is determined on the date of purchase. If Taxpayer A, a first-time homebuyer, buys a house and then later that year marries Taxpayer B, not a first-time homebuyer, the credit is allowable to Taxpayer A. Taxpayer A may take the maximum credit.

Go to http://www.irs.gov/newsroom/article/0,,id=206294,00.html for more answers.