For all of the buyers who have managed to find a home (which seems to be a great feat in this current market) and settle before the deadline of November 30th, 2009 make sure to complete FORM 5405 and submit along with your Tax return in the Spring to benefit from the $8000 credit.
Keep in mind that the credit will have to be repaid to the Federal government if the home does not remain your primary residence for three years following the purchase date.
Lastly, the credit can be claimed on a 2009 tax return, due April 15, 2010. If the closing occurs after April 15, 2009, a taxpayer can still claim it on a 2008 tax return by requesting an extension of time to file or by filing an amended return.
Here is a link to the form needed to file the claim:
http://www.irs.gov/pub/irs-pdf/f5405.pdf
For additional reference please consult the IRS website www.irs.gov and/or your personal accountant.
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