My client purchased a home in 2010 and received the Homebuyers credit. She just sold the home and purchased a new home. Does she have to return some of the first time homebuyers credit?

[Just-Lisa-Now-]

Maybe.   Did you fill out the 5405?

[dkh]

Here is information regarding First Time Home Buyer Credit that will help  

https://www.irs.gov/pub/irs-utl/oc_fthbc_lookuptoolfinal.pdf

also on the Home Sale Worksheet at the very top is check box for repayment of FTHBC when home is sold

[TaxGuyBill]

2010?  No repayment of the credit now.

[abctax55]

Gain or a loss?

[abctax55]

Bill - good memory.  I forgot that for all but one of the years (I think...maybe two?) that you didn't have to repay it.