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irenegray49
New Member

Is there a tax break for purchasing a home in 2016 with first payment due January 2017?

 
posted
‎May 31, 2019 9:46 PM
last updated ‎May 31, 2019 9:46 PM
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SherekaB
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Is there a tax break for purchasing a home in 2016 with first payment due January 2017?

No. The Federal Government got rid of the new homeowner credit. If you had any real estate taxes or mortgage interest you could claim this. I would also recommend checking your State and see if they have anything for home buyers.

https://turbotax.intuit.com/tax-tools/tax-tips/General-Tax-Tips/Life-Events-and-Your-Taxes/INF12082....


‎May 31, 2019 9:46 PM
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