The quick answer on how to claim the first-time homebuyer tax credit (up to $8,000) is to file IRS Form 5405 with you 2009 tax return or your amended 2008 tax return. If you bought the home in 2009 and want the credit prior to filing you 2009 taxes, you will need to file an amended 2008 return with Form 5405. Once filed, you should expect a check within 6 to 8 weeks.
If you have further questions, please give us a call at (865) 909-0211.
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