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Jim-from-Ohio
Jim-from-OhioIntuit Community Champion
Intuit Community Champion
February 10, 2026
Question

Firs Time Homebuyer Credit from 2008 Repayment - Form 5405

  • February 10, 2026
  • 1 reply
  • 16 views

Client comes in.. they say.. oh don't forget I am paying $ 500 a  year back on that home credit I received in 2008.. Tried to call up Form.. Not in ProSeries this year.. hmmmm.. google it.. the credit repayment is done.. over.. finsihed in tax year 2024.. awesome news

    1 reply

    Skylane
    SkylaneIntuit Community Champion
    Intuit Community Champion
    February 10, 2026

    If he overpaid the repayment, he would want to get the money back…. Show it as an ES payment in 2025? Not sure.

    If at first you don’t succeed…..find a workaround
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