Sievers & Stevens Construction Co., Inc.
Up to $6,500 in Tax Credits with a $6,500 Match from Sievers & Stevens Construction co., inc.
New and Improved Home-Buyer Credit
For homes purchased after November 6, 2009
DIGIOVINE HNILO JORDAN + JOHNSON LTD.
Available to qualifying taxpayers who enter a contract to purchase a “principal residence” before May 1, 2010; the purchase must close before July 1, 2010.
First-time Homebuyers:
- The credit remains the lesser of 10% of the purchase price or $8,000
- "First-time homebuyer” is any individual (if married, and their spouse) who is a US resident if they had no ownership interest in a home during the three years previous to the day of the purchase
Long-time Homeowners:
- The maximum credit is $6,500 (up to $3,250 if married filing separately)
- The homebuyers must have lived in the same principal residence for any five-consecutive year period during the eight-year period ending on the date the new home is purchased
- Old home need not be sold (but taxpayer must reside in the new home)
New and Improved Home-Buyer Credit
For homes purchased after November 6, 2009
Certified Public Accountants / Business Consultants www.dhjj.com
This information does not constitute tax advice. You should consult with an advisor regarding your particular situation. In no event will
DiGiovine Hnilo Jordan + Johnson, Ltd. be held liable for any reliance on the information in this document.
