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Repayment of First-Time Home buyer credit in 2020

Dottie Fauci
Level 1

Hi Folks. A client said they saw somewhere that they don't have to make a payment for the first-time home buyer credit repayment for 2020. Does anyone have any info on this? The IRS website doesn't have any guidance on this topic yet.

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2 Replies 2
Just-Lisa-Now-
Level 15
Level 15
Not true. Ask him to provide his source.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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Dottie Fauci
Level 1

I have asked and they will provide it. Just trying to get some info from sources in-the-know.

Thanks.

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