[quote=cahunter]If we buy under both’s name, we will get nothing. If my wife can get something, that is better than nothing.[/quote]
Tax code is not concerned with combined AGIs of everyone who buys the property. To get full credit, you have to 1) be a first-time homebuyer (i.e. be on the deed), 2) file a tax return, 3) show income that is less than 150,000 if married filing jointly, 75,000 otherwise.
