I have a pre-sales condo that is going to close later in June this year. Can I claim the First Time Home Buyers' Tax credit now or will it go into next year's return?
I have a pre-sales condo that is going to close later in June this year. Can I claim the First Time Home Buyers' Tax credit now or will it go into next year's return?
Since the last day for tax filing isApril 30, and your presumed close sale date is two months after, it will be advisable to claim theFirst Time Home Buyer's Tax crediton your next year returns.