President Obama today signed H.R. 5623, the Homebuyer Assistance and Improvement Act of 2010. The Act provides a 3-month extension of the closing deadline for the $8,000 homebuyer tax credit through Sept. 30 (Buyers still need a contract that was in place by April 30.)
- Statutory Language
- Joint Committee on Taxation Revenue Estimate (JCX-34-10)
- IRS Information Release 2010-80
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