Great question.

It's my understanding of the rules from the Housing Assistance Tax Act of 2008 that you can report homes purchased in 2009 as being purchased on 12/31/08 for the purpose of this tax credit.

The IRS gives you some good info at:

http://www.irs.gov/newsroom/article/0,,id=205416,00.html


My only concern is that the $7500 credit for homes purchased in 2008 needs to be repaid over the following 15 years, so it is actually an interest free loan from the government. The credit for 2009 has been increased to $8000, and does not need to be repaid. Once tax season ends, I need to figure out what happens to houses purchased in 2009 but claimed on a 2008 tax return.

Zip Code: 01801