The first-time homebuyer tax credit has made it possible for many people to own a house. The original first-time homebuyer tax credit provided buyers with a tax credit of up to $7,500. The tax break ...

The Internal Revenue Service has released the new form that eligible homebuyers need to claim the First-Time Homebuyer Credit this tax season and said that processing of those tax returns will begin ...

The Internal Revenue Service has released updated information on the First-Time Homebuyer Credit and the tax refund problems encountered by some married taxpayers. Last week, the IRS sent an alert to ...

besides form 5405, is there any other IRS form that needs to go in with an amendment? Answer: Diane - There are additional documents that need to be sent in along with the 5405. The requirements ...