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Buying a house? Here’s how to get a big tax refund. – · ”This is the most popular time of the year to do it. They manipulate the system to deliver a tax return on the downpayment they will [already be] making on their purchase,” he says. If you know you are buying your first home in the next 90 days, you make a.
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Use Your Tax Refund to Buy Your First Home – Use Your Tax Refund for Your Down Payment. If your tax return is burning a hole in your pocket, there are endless ways you could spend it. Sure, you could go on vacation, or splurge on that latest gadget you’ve had your eye on, but there’s a better option.
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Buying Your First Home – TurboTax Tax Tips & Videos – Buying your first home is a huge step, Make changes to your 2018 tax return online for up to 3 years after it has been filed and accepted by the IRS through 10/31/2021. Terms and conditions may vary and are subject to change without notice.
Getting a Tax Refund? Consider Using It for Your Down Payment. – A tax refund of $3,000 can go a long way to a down payment on a home, particularly if you’re using an FHA-insured loan to finance the purchase since you would need just 3.5% of the home price.
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