Home › Forums › Closed Forums › Buying and Selling RE › New homebuyer tax credit › fromnj wrote:I do not quite
[quote=fromnj]I do not quite understand how it works. I do not think we pay more than 10K as state income tax or we may be paying somehow. Are they giving money back with check if I do not pay more than 10K? Could you enlighten me? [/quote]
$10K over three years.