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    julspomerleau
    New Member

    First Time Home Buyers Tax Credit. Which year should the credit be claimed if the home was purchased in November 24 and closed in Feb 2025. Move in was also in Feb 2025

     
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    ‎March 5, 2025 11:16 AM
    last updated ‎March 05, 2025 11:16 AM
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    TurboTaxSusan
    Moderator
    Moderator

    First Time Home Buyers Tax Credit. Which year should the credit be claimed if the home was purchased in November 24 and closed in Feb 2025. Move in was also in Feb 2025

    You would go based on when you closed, so in your case you would claim the First Time Home Buyers Tax Credit on your 2025 tax return.

     

    ‎March 8, 2025 10:08 AM
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