Form 5405 question:

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  • Thomas Plackowski
    Junior Member
    • Jan 2010
    • 1
    #1

    Form 5405 question:

    If a mother & a daughter purchase a home as joint owners but the mother already has a home (principal residence) can the daughter claim the first time homebuyer credit? Daughers first purchase of home.
    Tags: None
    • Lion
      Senior Member
      • Jun 2005
      • 4699
      #2
      IRS.gov

      The IRS.gov site has FAQs that cover your situation and similar scenarios.

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