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 About Form 8404, Interest Charge on DISC Related 2024-2025

Tax Calculator 2024-2025 Form

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Instructions and help about irs withholding tables

8859 the carry forward of the District of Columbia firsttime home buyer credit so this was a home buyer credit that was uh one of several that were available to for Sim home buyers during the Great Recession and and part of this was uh because we were in a recessionary environment where people really couldn't afford to buy houses so and as a result uh housing values plummeted pretty much across the country so in the district of Colombia there was a tax credit uh of up to $5,000 uh $2500 uh for married taxpayers filing separate returns uh or you know if if the purchase price was smaller than up to the purchase price of the home so so if you were eligible for that tax credit uh you would have that $5,000 000 available except it was subject to a limitation based on your tax liability so uh even though this tax credit was made no longer available after 2011 there are still taxpayers that have continued to carry forward this home buyer credit year after year and uh until they find a time wh

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