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  2. New Law Gives You $8,000 for Free To Make These 5 Home ... - AOL

    www.aol.com/finance/law-gives-8-000-free...

    Through the state-administered HOMES rebates, homeowners in some states may qualify for up to $8,000 in rebates for insulation. The rebate may also apply to new HVAC systems in residential homes ...

  3. American Recovery and Reinvestment Act of 2009 - Wikipedia

    en.wikipedia.org/wiki/American_Recovery_and...

    The main funding differences between the Senate bill and the House bill were: More funds for health care in the Senate ($153.3 vs $140 billion), renewable energy programs ($74 vs. $39.4 billion), for home buyers tax credit ($35.5 vs. $2.6 billion), new payments to the elderly and a one-year increase in AMT limits.

  4. What is the first-time homebuyer tax credit? - AOL

    www.aol.com/finance/first-time-homebuyer-tax...

    A first time homebuyer tax credit offers a direct reduction of the amount of income tax you owe. The U.S. federal government offered a tax credit program to first-time homebuyers (including those ...

  5. Clock running down on first-time home buyer tax credit - AOL

    www.aol.com/2009/08/04/clock-running-down-on...

    According to a news report by the National Association of Home Builders (NAHB), the clock is running down on the $8,000 tax credit for first-time home buyers. With less than four months to go ...

  6. Worker, Homeownership, and Business Assistance Act of 2009

    en.wikipedia.org/wiki/Worker,_Homeownership,_and...

    New tax provisions for home buyers in the Act. Besides extending the $8,000 tax credit for first time home buyers until April 2010, the Act also provides a $6,500 tax credit for current homeowners who purchase a home between November 6, 2009 and end of April 2010. The Act also increases the income limits to qualify for the credit.

  7. Earned income tax credit - Wikipedia

    en.wikipedia.org/wiki/Earned_income_tax_credit

    The United States federal earned income tax credit or earned income credit ( EITC or EIC) is a refundable tax credit for low- to moderate-income working individuals and couples, particularly those with children. The amount of EITC benefit depends on a recipient's income and number of children. Low-income adults with no children are eligible. [1]

  8. No-closing-cost mortgage: How it works and how to decide if ...

    www.aol.com/finance/no-closing-cost-mortgage...

    You get two quotes for 30-year loans, a traditional mortgage at 7 percent interest and a no-closing-cost loan at 7.5 percent. Let’s say closing costs on the traditional mortgage come to 3 ...

  9. Property Tax Circuit Breaker - Wikipedia

    en.wikipedia.org/wiki/Property_Tax_Circuit_Breaker

    The formula used to calculate the value of the tax credit is based on an incremental increase in income compared to the percentage of income used to pay for property tax. For those making less than $8,000 a year the credit will be the full value of what is paid in property tax, then it is 4% for those making between $8,000 and $12,000 per year ...

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