BillM223
Expert Alumni

Deductions & credits

Although President-elect Biden did propose a new First Time Home Buyers Credit in his campaign last year, it would still have to be passed by Congress, and would not apply to tax year 2020 in any case, because tax laws affecting 2020 normally need to have been completed by December 31, 2020.

 

As @Mike9241 implies, however, there may be such credits at the state level. What state are you in?

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