Home Buyer Credit Special Scenario Hello all,
I have a scenario that I can't find a good answer for. I purchased a primary residence in 2005, I was single at the time. I met my wife shortly after and we got married and she moved in to the residence in 2008(Filing Married/Jointly ever since). In 2010 We purchased a new house together. How do I go about filing for the Home-buyer credit? I assumed I would be eligible for the Long-time resident rule, but since we are filing Married/Jointly, my wife doesn't meet the criteria. Technically she is a 1st time home buyer, but I don't meet the criteria.
We have already filed the return this year through turbotax(married filing Jointly), minus the home buyer credit.
It sounds like the way it's going to end up is that we aren't going to be eligible for anything, which doesn't really seem right. The way I see it is I am a long time resident and my wife is technically a 1st time buyer.
Any help on this is greatly appreciated. |