Does my spouse(we now) qualify for the first time home buyers rebate.?

Here it is. 6 years ago I bought a house. 3 years ago I got married to someone that has never bought a house. My question is-- Does my wife qualify for the first time buyers plan if we put our new house in both of our names, with her name being on it first? Can she get the rebate we file married but separately?Does my spouse(we now) qualify for the first time home buyers rebate.?
Since you still own the home that you bought 6 years ago the ONLY way that you would be eligible today is if you moved out of the home at least 3 years ago and it ceased to be your main home. If you converted it to a rental or just kept it as a second home over 3 years ago, you'd be good to go.





However if you are still living in it as your main home you are not eligible for the FTHB credit at all. A married couple must BOTH meet the eligibility requirements or they are both ineligible. It does not matter if you file separate or joint returns, you don't qualify. You do not qualify so neither does your wife.





It's different if the buyers are unmarried. In that case if either of them qualifies then that person can claim the entire credit themselves.





Sorry, but those are the rules.Does my spouse(we now) qualify for the first time home buyers rebate.?
You're welcome. TFTP.

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What happened to house you bought 6 years ago? Do you still own it?


THEN NO you two do not qualify.


If you sold it more than 3 years ago and did not buy anything else in interim, they you both qualify.


Either you qualify together or not at all. That's the Rules.





www.irs.gov form 5405