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Get the Facts:
–Key Housing Provisions in the American Recovery and Reinvestment Act
–How Illinois residents can benefit from this legislation
Learn more about the $8,000 first-time homebuyer tax credit
and FHA loan limits in Illinois and energy-efficient housing tax credits available.
Duration : 0:7:9

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This message is from Nina Olson, the National Taxpayer Advocate and your voice at the IRS. It is one of a series of videos with consumer tax tips about important tax issues you may be facing. This series focuses on the issue of cancellation of debt. Tax relief for foreclosed homeowners is discussed in [...]