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I don't have to repay homebuyer credit, How do I fill out the other forms

Homes purchased after 2008. If you purchased your home
after 2008, and you owned it and used it as your main home
for at least 36 months beginning on the purchase date, you
don't have to repay any of the credit or file Form 5405.In all other cases, you aren't required to file Form 5405.
Instead, enter the repayment on Form 1040, line 60b, or
Form 1040NR, line 59b,
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1 Best answer

Accepted Solutions
Coleen3
Intuit Alumni

I don't have to repay homebuyer credit, How do I fill out the other forms

I'm not sure what you are asking. If you are stating that you bought your house in 2009 or 2010 and still have it until 2016, you are correct in that it was your main home until 2016, then you are correct that you do not have to repay the credit. What other forms do you want to fill out.

https://www.irs.gov/uac/first-time-homebuyer-credit-1

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6 Replies

I don't have to repay homebuyer credit, How do I fill out the other forms

How do I fill out form 1040, line 60b, or
Form 1040NR, line 59b?
Coleen3
Intuit Alumni

I don't have to repay homebuyer credit, How do I fill out the other forms

You don't want entries on that line (60b). An entry would mean you are repaying the credit and you should not be. If you are filling out the sale of home worksheet, there is no question that addresses the Homebuyer Credit.

I don't have to repay homebuyer credit, How do I fill out the other forms

the IRS keeps rejecting my return from Turbo tax for this reason

I don't have to repay homebuyer credit, How do I fill out the other forms

How can I get this fixed?
Coleen3
Intuit Alumni

I don't have to repay homebuyer credit, How do I fill out the other forms

I'm not sure what you are asking. If you are stating that you bought your house in 2009 or 2010 and still have it until 2016, you are correct in that it was your main home until 2016, then you are correct that you do not have to repay the credit. What other forms do you want to fill out.

https://www.irs.gov/uac/first-time-homebuyer-credit-1

I don't have to repay homebuyer credit, How do I fill out the other forms

How do I fill out ,Form 1040, line 60b, or
Form 1040NR, line 59b so that I don't have to pay it back? I don't have any access to the forms from turbo tax so that it can be fixed. this is the first time that I'm doing my own taxes

 

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