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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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Public Comments (4,470)
Jun 22nd, 2017
Someone from Elk Grove, CA signed.
Jun 22nd, 2017
Someone from Titusville, FL signed.
Jun 21st, 2017
Someone from Fresno, CA writes:
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They were going to fix this in Congress in 2010 but never did they need to fix this now
Jun 21st, 2017
Someone from Fresno, CA writes:
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They were going to fix this in Congress in 2010 but never did they need to fix this now
May 31st, 2017
Someone from Paradise Valley, AZ writes:
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Why was the 2008 a loan and the 2009 a credit? I bought my home in dec. 2008... if I had just waited... Making the loan a credit for those in 2008 would be fair.
May 24th, 2017
Angelique V. from Garland, TX writes:
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Please forgive the rest of my balance I don't even own this house anymore. Had I waited 5 days 5 DAYS it would have been free no one told me that.
May 24th, 2017
Geoffrey K. from Gulfport, MS signed.
May 24th, 2017
Someone from Lawrenceville, GA writes:
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Please forgive remaining balance
May 20th, 2017
Someone from Fresno, CA signed.
May 4th, 2017
Someone from Owensboro, KY writes:
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PLEASE forgive this loan. It is not fair to the people that helped the economy by buying a home in 2008 to have to repay the tax credit but the people who took advantage of the tax credit the following years do not.