- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Thanks, Dave. But everything I've read, including information on TurboTax's site, says that if the home was transferred, then repayment of the credit becomes their responsibility. Here is the exact line from TurboTax: You transferred the home to your ex-spouse as part of your divorce settlement (your ex is now responsible for repaying the credit).
That said, there are only three answers available for the question related to this homebuyer credit: 1) I took the credit and still live there, 2) I took the credit but no longer live there, and 3) I did not take the credit. The only answer that truthfully applies to me is #2 but for some reason the site keeps defaulting my answer to #3, which is not at all true. I'm trying to figure out why my answer is being changed and why I'm not receiving any additional qualifying questions, as mentioned in replies above, when I select #2.