Thursday, November 5, 2009

Tax credit extension passed

意料之中。延期到明年的4月底。

更好的是existing homeowners也有份了。不过要住满5年。

更妙的是这回基本上大家都可以qualify了。 工资的标准涨了很多。 从7万5到12万5了!

The tax credit will be extended through April 30, 2010, with a 60-day extension if a binding contract is in place prior to the deadline. First-time home buyers will continue to receive a tax credit of up to $8,000, while existing homeowners will receive a reduced credit of up to $6,500. Existing homeowners will be eligible for the $6,500 if they have lived in their current residences for at least five years. The bill also will increase the qualifying income limits from $75,000 for single tax filers and $150,000 for joint filers, to $125,000 and $225,000, respectively. The purchase price of the home is capped at $800,000.