News Sources wrote an interesting post today on
Here’s a quick excerpt
Taxpayer asks: I read your blog everyday and find it enjoyable and knowledgeable. My question to you today is about the First Time Home Buyers Credit. Last year my client filed MFJ. This year, they purchased a house but their combined incomes are over $170,000 so they are phased out and cannot get the $8,000 credit. Can they file MFS this year, as she makes less then $75,000, and qualify for the $4,000 credit? Taxgirl says: I say yes, so long as she otherwise qualifies . Acco

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