Repayment Of Home Buyers Credit

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  • gman
    Senior Member
    • Dec 2005
    • 676

    #1

    Repayment Of Home Buyers Credit

    I have a client who took the $7500.00 loan on the first time homebuyers credit. He will know make 500.00 payments. Are there any payments due on the 09 return or does it start in 2010???
  • rjholmes
    Senior Member
    • Jan 2006
    • 108

    #2
    2010. We still have one year before they will have to start repayment. Hopefully that will be changed by then.

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