Military Extension of Home Buyer Tax Credit
March 8, 2010
If you or someone you know has been on extended active duty in a foreign country, they may have an extra year for the home buyer tax credit deadline.
For qualified service members who are ordered on a period of official extended duty , these deadline dates are extended for one year. For these home buyers, the tax credit applies to sales with a binding sales contract in place on or before April 30, 2011 and closed by June 30, 2011.
“Official extended duty” means any period of extended duty outside of the United States for at least 90 days during the period beginning after December 31, 2008 and ending before May 1, 2010.
Read more about the tax credit extension and who qualifies…
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