Basics and Beyond Income Tax Seminars

Tax News
2009 HOMEBUYER CREDIT FORM 5405 RELEASED [January 2010]

On Friday, January 15th the IRS released the 2009 Form 5405 (Rev. December 2009) that reflects the changes made by Public Law 111-92, the Worker, Homeownership, and Business Assistance Act of 2009. You can download a copy the new form at: http://www.irs.gov/pub/irs-pdf/f5405.pdf .

The instructions for Form 5405 can be downloaded at: http://www.irs.gov/pub/irs-pdf/i5405.pdf .

The first-time homebuyer credit may be claimed for homes purchased before November 7, 2009, for 2008 by filing the 2008 Form 5405 with a 2008 original or amended return. The 2008 Form 5405 may not be filed with 2009 returns. Only the new December 2009 revision, once issued, may be used for filing with tax year 2009 returns. Likewise, only the December 2009 revision may be used for homes purchased after November 6, 2009, regardless of whether you claim the credit for 2008 or 2009.

16 CPE Hours
(13.5 CLE Hours)
2 Hours of Ethics⁺

Early Registration begins APRIL 1st
and ends July 31st

⁺CFPs will receive 8 hour of CE credit. None of those hours will be CFP ethics hours. Ohio attorneys must have taken Ohio's three-hour basic ethics course in order to receive ethics credit.
* Save $175 when compared to registering separately for both sessions after July 31st.




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