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Level 1
March 7, 2023
Question

First time Home buyers Tax Credit

  • March 7, 2023
  • 1 reply
  • 8 views

Hello, 

I do have a client who bought a condo last year. Four of them acquire the house - my client, her husband and their two children. I understand that they are eligible for the 10,000 credit and my question is, will their two children qualify for the credit as well, or is it just my client and her spouse? Thank you!

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1 reply

Level 7
March 9, 2023

Only one person qualifies for the credit on a qualifying home.