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(Best Syndication News) Home shoppers are looking to take advantage of the $8,000 tax credit before it expires in April of 2010. The economic crisis prompted Congress to pass the Worker, Homeownership, and Business Assistance Act of 2009 which increased the income limits to qualify for the tax credit.
The gross income limit used to be $75,000. Between November 2009 and April 2010 that maximum limit for single filers became $125,000. The limit for joint filers is now $225,000. If you make more that that amount you will not qualify for the tax credit.
