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IRS Issues New Info On Tax Credit Program
IRS Publication 591 explains the five percent credit for a new principal residence, up to 2000 dollars, with rules on eligibility, certification by the seller, and timing from 1975 to 1977. It notes changes from June 30 and advises buyers to verify qualification with the seller. Copies available from the IRS District Director in Austin. Also mentions DIY remodeling spending by homeowners.
MENTIONED IN THIS ARTICLE
IRS
Austin
Internal Revenue Service
East