bug13

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About bug13

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  1. This is not really a credit though it is a loan from the government that must be paid back. So is it still offset for debt.
  2. Can the 2008 home buyers tax credit be withheld for debts such as child support arrearages?
  3. bug13

    Taxes

    I have been trying to find out some info on the home buyers tax credit (2008). Does anyone know if debts such child support arrearages affect this credit. Logically I would think no since it is infact a loan and has to be paid back. I know that the 2009 doesnt have to be paid back it is more of a grant than a loan from what I understand anyway. My husband has a small arrearage and I filed the injured spouse form with the taxes but I cant find any info as to whether it will affect this credit.