Mortgage Loans

[dkjay]

Plus almost $100 in interest. Woo-hoo!

[vitorbr]

Wow, awesome! How long did it take for them to mail it? I didn't even think about the prospect of interest...sweet!

[sgress1533]

How did the interest come into play?

[dkjay]

I didn't think about interest either. They said you get interest backdated to when you filed. We filed on June 1 and they received it in the Philadelphia office on June 4.

[prioritybubble]

dkjay, Just out of curiosity how much was the house you purchased? Congrats.

[GRILLMASTERNEEDAHOUSE]

I thought this had to be filed in conjunction with your tax return after you closed on the house? So did you file $8000 credit separately from your 2008 tax return?

[ladyofnight]

You can claim with your 2009 taxes or you can amend your 2008 return which is what most people seem to be doing

[wpgeiger]

Congrats (on the tax credit and the new home!)

[dkjay]

Thanks! Our house was $127,500.

[prioritybubble]

DKJay,

I'm confused.   I thought per the http://federalhousingtaxcredit.com/2009/glance.php   the refund was only 10% of the purchase price.  Did you really get the $8,000 check?  Am I missing something with this tax credit law?