If I bought a home in 2016, do I get a tax credit?

amandawadford · ‎May 31, 2019

If I bought a home in 2016, can I get a tax credit?

xmasbaby0 · ‎May 31, 2019

There is no tax credit for buying a home. The first time home buyers credit has been gone for several years.

Your closing costs on your home are not deductible. Go to Federal> Deductions and Credits> Your Home to enter mortgage interest, property taxes, private mortgage insurance and loan origination fees (“points”) that you paid in 2016. You should have a 1098 from your mortgage lender that shows this information.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Texas Roger · ‎May 31, 2019

Some states such as Florida may still offer a first time home buyer credit.

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If I bought a home in 2016, do I get a tax credit?