NHTC Recapture

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  • sataxman
    Junior Member
    • Feb 2010
    • 1
    #1

    NHTC Recapture

    How do you report the annual $500 repayment of the original $7500 tax credit? I don't see any information on how to report, just that it must be repaid.
    Tags: None
    • Larmil
      Senior Member
      • Dec 2006
      • 621
      #2
      Originally posted by sataxman
      How do you report the annual $500 repayment of the original $7500 tax credit? I don't see any information on how to report, just that it must be repaid.
      Methinks this starts with the 2010 return.

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        • S T
          Senior Member
          • Jun 2005
          • 5053
          #3
          Agreed

          I had two of the FTHB under the $7,500 credit and repayment program on 2008 Tax Filings
          No repayment until 2010 - so we will see how that works next year

          Sandy

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