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Homeowner Tax Credit Deadline Extended


Last Update: 10/29 8:58 am
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The Senate is going to extend a tax credit for you if you're buying a home for the first time.

The tax credit totals $8,000 and it was going to expire at the end of November. Home buyers now have until the end of April, 2010 to sign a sales agreement and close on it by August.

If you bought a home before, you can get a smaller tax credit of $6,500 if you've owned your current home for at least five years.