NHTC Recapture

[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.

[Larmil]

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.

[S T]

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