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The income limits for claiming the tax credit were raised when the tax credit was extended. Are the higher limits retroactive?

April 26, 2017claiming extended income limits RAISED retroactive tax credit

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The income limits for claiming the tax credit were raised when the tax credit was extended. Are the higher limits retroactive?

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No. The new income limits are only applicable to purchases occurring after November 6, 2009.The income limits for sales occuring on or after January 1, 2009 and on or before November 6, 2009 are $75,000 for single taxpayers and $150,000 for married couples filing jointly.

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No. The new income limits are only applicable to purchases occurring after November 6, 2009. The income limits for sales occurring after November 6, 2009 are $125,000 a year for individuals and $225,000 for couples $75,000 for single taxpayers and $150,000 for married couples filing jointly.