Newlywed and 1st time homebuyer credit

[BHoffman]

So sorry if this has already been answered. I searched threads and there were just too many.

Client qualifies as 1st time homebuyer - purchased 1st home 07/31/08.

Got married 10/15/08. Wife does not qualify.

Can client take $3750 of the credit?

I think so, but would sure like your opinion before I finalize the return.

Thanks!

[solomon]

I would take the full credit because he was not married when purchased. It is nothing when one of the spouses does not qualify.

[BHoffman]

Thank you very much for answering!

[AJsTax]

Not

how I understand it. You are filing a joint return for 2008, one of the SPOUSES does not qualify, neither can take it. If they waited until 2009 to get married,,,,,,,,,,

[BHoffman]

Just found out the purchaser is a nonresident alien, so it's a no-go anyway. Thanks.

[Snaggletoof]

Recent Divorcee

Recent Divorcee has owned two homes jointly with her husband, but has never owned a home by herself. Is she qualified for the 2009 credit providing she gets the home closed by 11/30/09?

I don't think so, but thought I would run it past some of the creative minds who visit this board.

Also, would the answer change if the house she was buying was the exact same house that she jointly owned with her ex?

[AuditorTurnedGood]

She's out of luck since she owned a interest in a primary residence, even if it was a joint one.

[Gretel]

You might want to read the post from 5/12.