Can someone help with the first time home buyer tax break?

[DawnC0 · Accepted solution]

There is currently no special federal tax credit for 1st time home buyers.  You can still deduct expenses related to the purchase of your home; see link below.  

Also, if you took funds out of a retirement plan to pay your down payment, you can exclude up to $10,000 from the 10% early withdrawal penalty.

Buying Your First Home