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Can I claim the tax credit if I finance the purchase of my home under a mortgage revenue bond (MRB) program?

April 26, 2017Bond claim Finance Home mortgage mrb purchase revenue tax credit

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Can I claim the tax credit if I finance the purchase of my home under a mortgage revenue bond (MRB) program?

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Yes. The tax credit can be combined with the MRB home buyer program. Note that first-time home buyers who purchased a home in 2008 may not claim the tax credit if they are participating in an MRB program.

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No. The tax credit cannot be combined with the MRB home buyer program.