Almost 65,000 Floridians claim tax credit

Cape Coral Century 21 Birchwood Realty Rick Swift Realtor "Where your new home begins"

Almost 65,000 Floridians claim tax credit


WASHINGTON – Sept. 7, 2010 – A report by the Government Accountability Office finds that Florida ranked third in the number of first-time buyers who qualified for one of the three IRS tax credits, with 64,879 buyers making the claim. The study includes all three credits authorized by Congress.
In dollars and cents, that means Florida residents received $455,565,365 offered under the Housing, Recovery and Assistance acts.
Still, the amount pales compared to No. 1 ranked California that had almost 117,000 claims and over $814 million returned to residents. Texas, which ranked No. 2, saw almost 100,000 claims and over $680 million in federal money. Nationwide, Americans collected about $23.5 billion and submitted 3.32 million claims, which is about $1.5 billion higher than original estimates. http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=246386&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+floridarealtors+%28Florida+Realtors%29