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Form 9595

Form 9595

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What is a W-9 tax form? What is a W-9 tax form?

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Quick guide on how to complete what is irs form 9595

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Video instructions and help with filling out and completing Form 9595

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Instructions and help about what is the irs form 9595

over IRS form 545 uh repayment of the firsttime home buyer tax credit so for most taxpayers will probably never see this form but if you purchased a home uh for the first time between 2008 and 2010 you might have been eligible to take a tax credit of anywhere between $7500 to $8,000 depending on the timing uh from your tax return for the year that you purchased the home however that the tax code also made this a caveat it wasn't a true tax credit in in the sense that you never had to repay it back so the way this tax credit worked was you took the tax credit in the year that you purchase your home and then you had uh up to 15 years years to pay it back so if you took a $7,500 tax credit you would starting in 2010 you would pay back that tax credit well 115th at a time or $500 per year uh for 15 years unless you accelerated the payment and paid it back faster so even though we're still 15 years removed from 2008 uh the payback per perod actually started in 2010 which mea

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