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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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4,480 Public Comments So Far

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18 hours ago
Someone from Jacksonville, FL signed.
22 hours ago
Someone from Lockport, NY signed.
1 day ago
Christopher W. from Windsor, CT signed.
2 days ago
Someone from Perrysburg, OH signed.
2 days ago
Someone from Fort Lupton, CO writes:
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If it had said tax loan instead of tax credit, we would have never fallen for this scam!!
6 days ago
Sarah M. from Mount Vernon, WA signed.
March 15, 2017
Someone from Greensburg, IN signed.
March 15, 2017
Someone from Hazel Green, AL writes:
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I am in total agreement with all others. I also bought my first home in 2008 and have been repaying back the $7500.00 since 2010. I don't mind repaying my part but I don't feel it is right that those buying in 2009 and 2010 are not. I feel this needs to be rescinded for those from 2008 and receive a credit for what has been paid back.
March 14, 2017
Someone from Danbury, CT signed.
March 14, 2017
Someone from Mechanicville, NY writes:
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I competed all requirements to receive the tax "credit" for a home purchased in November, of 2008 and was not notified of the requirement of repayment. My wife and I moved up our purchase date to take advantage of this "credit" -- now we owe because of this!! If I had waited less than two months, this would not have even been an issue! I am very disappointed in my representation.