Tax Credit Extension for Military and Fed Employees

The $8,000 tax credit for first time homebuyers that expired April 30th was extended a year for military personnel and Federal employees.

Members of the uniformed service, members of the Foreign Service and employees of the intelligence community serving on qualified official extended duty services outside the United States for at least 90 days starting December 31, 2008 and ending May 31, 2010 are eligable for the tax credit if a binding contact is entered into by April 30, 2011.