Determine Your Tax Credit Amount: IRS Form 5405

[Jennifer Griner]

Whether you apply the Extended Home Buyer Tax Credit on your 2009 return as a first-time buyer or as a current home owner, you'll need to visit the IRS Web site and download Form 5405. Be aware that this form will likely be revised for 2009 and 2010, so be sure to visit the IRS web site and download the current form when it’s time to file.

This form has just six lines and takes only a minute to complete.

For First Time Home Buyers

For Current Home Owners

Watch the IRS Video.

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