If you are one of the lucky ones to open escrow today (this being the last day) and to close before June 30, 2010, you will qualify for up to $8,000 for First Time Home Buyers and $6,500 for Current Home Owners. Conditions apply, consult your tax consultant.
If you are claiming the tax credit on your 2009 return (amended or extension), you will need to file a paper return (electronic returns are not allowed), send completed IRS form 5405 and a complete copy of the settlement statement. Go to http://irs.gov/ or http://bit.ly/nYydX for more information.
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