Reminder…Homebuyer Tax Credit Extended for Military Personnel

Good news for service members! Military and certain other federal employees serving outside the U.S. may qualify for a one-year extension on the homebuyer tax credit, up to $8,000.* The tax credit applies to homes purchased after November 6, 2009 for $800,000 or less. A binding sales contract for a principal residence in the U.S. must be signed on or before April 30, 2011 and close by June 30, 2011.

For complete eligibility details, visit the IRS's section on Homebuyer Credit for Members of the Military.