PETITION - 7500.00 TAX CREDIT- NOT TO BE REPAID TO IRS
Public Comments (4,503)
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Apr 14th, 2015Someone from Gilford, NH signed.
Apr 14th, 2015Someone from El Paso, TX signed.
Apr 14th, 2015Someone from Burlington, VT signed.
Apr 14th, 2015Someone from Clermont, FL signed.
Apr 14th, 2015Someone from Chula Vista, CA signed.
Apr 14th, 2015Someone from Hometown, IL signed.
Apr 13th, 2015Someone from Indianapolis, IN signed.
Apr 13th, 2015Someone from Milwaukee, WI writes:
Bought overpriced crappy home for $135K in 2008. The same house will not sell for $99K in 2015. I can't sell it so I'm renting it out at a loss. Now that I moved to a nicer neighborhood, the IRS wants a lump sum of $4,500; All because I chose not to short sell or let the bank foreclose. Thanks Uncle Sam.Apr 13th, 2015Someone from Fullerton, CA signed.
Apr 13th, 2015Someone from Newton, WI signed.
Apr 13th, 2015Someone from Glen Carbon, IL signed.
Apr 12th, 2015Someone from Virginia Beach, VA writes:
this is not fair..when it was a matter of a few months that it did not have to be repaid..and we had no way of knowing i could of easily just waited for a few more months and then bought my home...this is definately not fairREPORT COMMENTS
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No, CancelApr 12th, 2015Someone from Gladstone, OR writes:
I purchased my home in December 2008. I now have a loan that I am required to pay back, but if I would have waited 2 weeks, I would not have this loan and received $8000.This should have been forgiven when the law changed for the current home-buyers starting in 2009. The remaining tax loan needs to be excused.REPORT COMMENTS
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No, CancelApr 11th, 2015Someone from Akron, OH signed.
Apr 10th, 2015Someone from Winter Springs, FL signed.
Apr 10th, 2015Someone from Rochester, MN writes:
Must pay full amount if property becomes a rental. If your home is underwater and you can't sell it. Then, you shouldn't be punished because you are forced to rent it out.REPORT COMMENTS
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No, CancelApr 10th, 2015Someone from Chester, SC signed.
Apr 10th, 2015Someone from Arnold, MO signed.
Apr 9th, 2015Someone from Anoka, MN signed.
Apr 9th, 2015Someone from Chicago, IL signed.
Apr 9th, 2015Someone from Tucson, AZ signed.
Apr 8th, 2015Someone from La Quinta, CA writes:
If people participate and choose to be involved with making our economy better, then get tossed aside and left out months later. The government will not have the trust of those support the democracy of our economy, nor will they forget.REPORT COMMENTS
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No, CancelApr 8th, 2015Someone from Blacklick, OH writes:
So, due to the declining housing market, many taxpayers took advantage of the $7,500 tax credit for first time home buyers in 2008. Just 3 months later, Congress passed the American Recovery and Reinvestment Act of 2009. This new bill increased the tax credit to $8,000 and that $8,000 didn't have to be repaid. However, if taxpayers took the $7,500, you couldn't take the new $8,000 credit. And taxpayers were still required to repay the $7,500 back over 15 years. How is this fair? Many are struggling as it is. This bill needs repealed immediately and the remaining tax needs excused.REPORT COMMENTS
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No, CancelApr 8th, 2015Someone from New Baltimore, MI signed.
Apr 8th, 2015Someone from Silver Spring, MD signed.
Apr 8th, 2015Someone from Silver Spring, MD signed.
Apr 7th, 2015Someone from Conshohocken, PA signed.
Apr 7th, 2015Someone from Brookhaven, PA writes:
Please consider removing this tax burden each year that many fellow Americans have to deal with. On top of our homes being underwater, we have to repay something that folks who bought a year later don't have too. It doesn't make sense, and would free up this money to be spent in the economy moving forward.REPORT COMMENTS
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No, CancelApr 7th, 2015Someone from Waddell, AZ writes:
I had to short sale the same house I got my First Homebuyers credit for. Due to a job lay-off and my home value lowering to only half its value I short sold my home. I am now fighting with the IRS to forgive this loan even though I took a loss of over half of what I paid for it.REPORT COMMENTS
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No, CancelApr 6th, 2015Someone from Collierville, TN signed.
Apr 6th, 2015Someone from Albany, OR writes:
This is so unfair to be singled out while other families have gotten off free with more money non the less. I know several that purchased under the free $8000 program and have either purchased newer homes or lost their home to foreclosure and didn't really care because they really were not losing any of their hard earned monies. I still live in my home, continue to pay back $500 a month which now is a very hardship for me since I am divorced and have child support to pay...but am hanging in there, paying Uncle Sam over $1200 over my withholdings for 2014.REPORT COMMENTS
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No, CancelApr 6th, 2015Someone from Goodyear, AZ signed.
Apr 4th, 2015Someone from Waukesha, WI signed.
Apr 2nd, 2015Someone from Hampton, VA signed.
Apr 2nd, 2015Someone from Holland, OH signed.
Apr 2nd, 2015Someone from Satellite Beach, FL signed.
Apr 2nd, 2015Someone from Ida, MI writes:
This is completely unfair. I can not express enough how discriminated I feel. To continue to let this injustice stand is unacceptable. This must be pushed to the forefront and dealt with as soon as possible. I have become a slave to my own government. Disgusting.REPORT COMMENTS
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No, CancelApr 2nd, 2015Someone from Ida, MI writes:
This is highly discriminatory. I have multiple job offers that would improve the life of my family however, I can not afford a large tax bill. My neighbor who purchased their home 6 months after me received a higher credit and no pay back. I feel like a prisoner in my own home.REPORT COMMENTS
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No, CancelApr 2nd, 2015Someone from Ida, MI writes:
This is highly discriminatory. I have multiple job offers that would improve the life of my family however, I can not afford a large tax bill. My neighbor who purchased their home 6 months after me received a higher credit and no pay back. I feel like a prisoner in my own home.REPORT COMMENTS
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No, Cancel
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