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First Time HomeBuyer Tax Credit

Members of the military and certain other federal employees serving outside the US have an extra year to buy a principal residence in the US and and qualify for the $6500.00 first time homebuye taxr credit. The eligible taxpayer must buy or enter inot a binding contract to buy a principal residence on or before April 30, 2011. the contract to buy must be closed by June 30, 2011 to qualify for the tax credit.

Go to: http://www.irs.gov/newsroom/article/o,,id=215594,00.html

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