FTHB - File then amend ?

[LCP]

Taxpayer didn't want their refund delayed because of the FTHB credit so we efiled it a while back.

Now we are going to amend for the FTHB credit. Do you see any reason/advantage to amend 2008 vs 2009??

[erchess]

No difference I am aware of

You might search earlier threads on FTHB but I believe that there is no difference. Just make sure your client is getting the maximum credit or if not that you understand why and your software is correct.

[BP.]

Now we are going to amend for the FTHB credit. Do you see any reason/advantage to amend 2008 vs 2009??

I think the advantage people were mentioning was receiving interest on the 2008 refund. If purchase was 2009, can elect to amend 2008.

[Gretel]

Yes, it is the interest. My son received interest going back to 4/15/09.