If you’ve been hearing about the various tax credits available to homebuyers right now, but aren’t sure which ones might apply to you, or how much you would save, we have great news.
Any Kentucky taxpayer purchasing a new home to use as a principal residence for at least two years qualifies for at least one tax credit right now!
Click on the icon at left to try out our exclusive new Home Buyer Tax Credit Calculator, which walks you through a few basic questions and then shows you which ones you qualify for and how much you can save.
Even better, it can calculate the total savings available to homebuyers who qualify for the MCC, one of the most powerful money-saving tax credits available.
CLICK ON THE ICON AT LEFT TO ENTER OUR HOME BUYER TAX CREDIT CALCULATOR.
This calculator is intended to demonstrate how users may be eligible for certain tax incentive programs. All qualifying statements refer to guidelines for federal and state incentive programs only. Users should consult their tax advisers to determine how these credits may apply to their individual tax circumstances. KHC Compliance Income method of determining total household income is used for Mortgage Credit Certificates, so user should confirm income eligibility with lender. User is still subject to loan approval, including KHC loan approval for a Mortgage Credit Certificate, and certain loan requirements may affect eligibility. Mortgage Credit Certificates cannot be combined with certain types of loan programs that may be chosen by the buyer.