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Tax Credit Extension for Service Members Through 2011

In November with HR 3548 – Tax credit for First time and repeat buyers was extended, there was an additional provision which was designed to help the deserving members of our Armed Forces.

Who Qualifies? :

ü Member of the “uniformed” Service

ü Members of the Foreign service of the US

ü Employee’s of the intelligence Community

ü Extended Duty Military (“Official orders outside the United States for at least 90 days during the period of 12-31-08 thru 5-1-2010)

What does it include? :

The full tax credit is extended to April 30^th 2011; contract must be signed by this time and close before June 30^th 2011.  This is for both the $8,000 and the Move up $6,500 credit. 

For more information please feel free to contact me.