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FTHB - File then amend ?

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    #1

    FTHB - File then amend ?

    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??
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    #2
    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.

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      #3
      Originally posted by LCP View Post
      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.

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

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