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

9,850 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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This is not fair and needs to changed!
This is money that could be going to my student loans!
I purchased my home on december 22nd 2008. why does 9 days have to cost me $7500. I thought i was helping the economy when buying my home.
Not fair that 2008 buyers need to repay it and not the 2009 buyers. At least give us a payment plan instaid of making us (you) pay the full amount on one payment.
The home I bought in May 2008 for 240k was worth 120k in 2009... The house is so underwater and I still have this credit hanging over my head.. Talk about adding insult to injury. Forgiving this credit is the right thing to do...
The home I bought in May 2008 for 240k was worth 120k in 2009... The house is so underwater and I still have this credit hanging over my head.. Talk about adding insult to injury. Forgiving this credit is the right thing to do...
This is just plain wrong!