ATTENTION CEDAR PARK TEXAS HOME BUYERS:

$8,000 Texas Home Buyer Tax Credit at a Glance

Brought to You By:
National Association of Home Builders

The information on this page pertains to the American Recovery and Reinvestment Act of 2009.

The $8,000 tax credit is for first time home buyers only. Cedar Park first time home buyers, and home buyers in Round Rock, Austin, Pflugerville or Leander can take advantage of this program for huge savings on local Texas Real Estate.

For the tax credit program, the IRS defines a first time home buyer as someone who has not owned a principal residence during the three-year period prior to the purchase.

Big news for Cedar Park, Texas home buyers - the tax credit on your new Cedar Park home does not have to be repaid!

The tax credit is equal to 10 percent of your Cedar Park home’s purchase price up to a maximum of $8,000.

The credit is available for Cedar Park homes purchased on or after January 1, 2009 and before December 1, 2009.

Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.

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