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

11,288 Letters Sent So Far

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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Very unfair. We bought a home in 09/2008. Took the $7500 FTHBC, Lost our home and additional monies over the Market Crash that followed and the Bank bailouts. Now we are having to get a Tax Atty because the IRS is holding our 2015 RETURN MONEY Hostage over a letter they set us regarding this matter that we responded to with our Prepare at H & R block and we cannot find the letter, or will they send us a one as my husband requested!
Extremely unfair!
This ought to be stopped or merged into the next program in which started a few months later that does not need to be paid back. With a merge they ought to throw that extra 500 to taxpayers.