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PETITION - 7500.00 TAX CREDIT- NOT TO BE REPAID TO IRS

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If you were a first time homebuyer and bought a house between April 2008 and December 31, 2008, you were entitled to receive a $7,500 tax credit that MUST BE REPAID over a period of 15 years.

If you were a first time homebuyer bought a house on January 1, 2009 through Dec. 31, 2009 you were eligible for an $8,000 tax credit that DOES NOT HAVE TO BE REPAID.

This is NOT FAIR. We need to get congress to eliminate the requirement that the 2008 tax credit must be repaid.

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4,321 Public Comments So Far

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4 days ago
Someone from Lawrenceville, GA writes:
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Was it because George Bush left office? It put me in a serious bind with no help!
November 21, 2016
Someone from Fort Lauderdale, FL signed.
November 21, 2016
Justin B. from Trussville, AL writes:
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Just sold my house, still owe 4500 on the repay plan and all of my profits now have to repay the credit. If I would have bought my house a year later, I wouldn't have to repay. This is not right.
November 19, 2016
Someone from Portland, CT writes:
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I can't offered to keep my home nevermind pay this back
November 16, 2016
Someone from Ridgewood, NY writes:
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PETITION - 7500.00 TAX CREDIT- NOT TO BE REPAID TO IRS
November 15, 2016
www.flixya.com/japanrailpass w. writes:
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It as hard to find knowledgeable people about this topic, but you sound like you know what you are talking about! Thanks
November 15, 2016
Someone from Lockport, IL writes:
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this just does not make any sense. had i known i could have bought my new home for less money in January and still would have been able to collect the 8000 and not have to repay it. i am no rocket scientist but this is extremely unfair to everyone who received the 7500 that has to be paid back. this needs to be reversed and REVERSED NOW!!!!!!!!!!!!!!!!
November 14, 2016
Rosario R. from Tucson, AZ writes:
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This is ridiculous!! Please help to send this to congress. UNFAIR
November 14, 2016
Cindie R. from Tucson, AZ writes:
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My husband and I purchased our home in 2008 and are now stuck with the 7500.00 credit that people don't have to payback who received in 2009??? HORRIBLE Now that we had to sell we are stuck owing the remaining amount of the loan in full........ridiculous
November 11, 2016
Someone from Los Angeles, CA writes:
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This is not fair. I purchased my house in August 2008 and my brother in law purchased his in Jan 2009. I'm still paying back that 7,500. He never has to pay his back. How is this fair?