New Fthb Update

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  • BOB W
    Senior Member
    • Jun 2005
    • 4061

    #1

    New Fthb Update

    Has anybody gotten the new First Time Home Buyer form from their tax program company?
    This post is for discussion purposes only and should be verified with other sources before actual use.

    Many times I post additional info on the post, Click on "message board" for updated content.
  • Uncle
    Senior Member
    • May 2008
    • 124

    #2
    Drake

    Originally posted by BOB W
    Has anybody gotten the new First Time Home Buyer form from their tax program company?
    Drake had it a week or so ago. I have used it twice already.
    Christopher Mewhort, EA
    mewhorttax.com

    Comment

    • Gene V
      Senior Member
      • Jun 2005
      • 1057

      #3
      Lacerte updated the Form last week

      Comment

      • BOB W
        Senior Member
        • Jun 2005
        • 4061

        #4
        Ultra Tax hasn't yet, but I haven't had to do any with the new form, just the old $7,500.

        Anybody heard any news for the forgiving of the $7,500 after 3 years?
        Last edited by BOB W; 03-01-2009, 03:04 PM.
        This post is for discussion purposes only and should be verified with other sources before actual use.

        Many times I post additional info on the post, Click on "message board" for updated content.

        Comment

        • David1980
          Senior Member
          • Feb 2008
          • 1703

          #5
          CrossLink and ATX both have it.

          The only issue right now is that the IRS computers still can't accept an $8,000 credit electronically. Keep your eyes on reject 0356 and hopefully they update the description soon (which would indicate an update in the IRS system.)

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