Home buyer tax credits: a primer for procrastinators
So, in the confusion and elation of buying a new home, you put off filing your home-buyer tax credit and now April 15 looms large. No problem, you think, I'll just e-file it. Think again.
Although the IRS is gung-ho about electronic filing in most cases, it's requiring the home-buyer tax credit information to be filed in paper form, Form 5405 to be exact, along with copies of various documents proving you bought your home and qualify for the credit of up to $8,000.