Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Other Taxes Workout

First-Time Homebuyer Credit

Skills Warm Up: Repayment of First-Time Homebuyer Credit

Question 2 of 2

True or False? If the taxpayer received the first-time homebuyer credit in 2010 and the home ceases to be the taxpayer's main home within the 36-month period beginning on the purchase date, the taxpayer generally must repay the credit.