IrishNodak
Member
What is the name of your state? Colorado
I'm afraid I may have missed out on some of the tax breaks for first time homebuyers. Can I amend my 2006 return in case we are due any refund?
Property Taxes...We closed at the end of June in 2006. Our seller paid the PT for the first half of the year. Our 2nd half of the year wasn't due until Feb. of this year. So we couldn't claim any PT for 2006 correct? We will claim then on our 2007 return right?
Points...I didn't realize we could account for them if they were paid by our seller. Can I change that if necessary?
Is their anything else I may have missed? I realize all that we paid in interest, however since we closed mid year the standard deduction was still larger than the interest plus other itemized deductions unless I screwed up the property taxes or points.
Thanks for any help!
I'm afraid I may have missed out on some of the tax breaks for first time homebuyers. Can I amend my 2006 return in case we are due any refund?
Property Taxes...We closed at the end of June in 2006. Our seller paid the PT for the first half of the year. Our 2nd half of the year wasn't due until Feb. of this year. So we couldn't claim any PT for 2006 correct? We will claim then on our 2007 return right?
Points...I didn't realize we could account for them if they were paid by our seller. Can I change that if necessary?
Is their anything else I may have missed? I realize all that we paid in interest, however since we closed mid year the standard deduction was still larger than the interest plus other itemized deductions unless I screwed up the property taxes or points.
Thanks for any help!