Changes abound for ’09 income tax – Bangor Daily News

Changes abound for ’09 income tax – Bangor Daily News.

BANGOR, Maine — Mainers who are preparing to file their 2009 income tax returns might have to consider one or more new tax credits, exemptions or deductions that were part of the American Recovery and Reinvestment Act.

Peggy Riley, a regional spokeswoman for the Internal Revenue Service, said the biggest change for many is the first-time homebuyers’ credit of up to $8,000.

“One thing for people to remember is that if they are claiming the first-time homebuyers’ credit, they need to file on paper, not online,” Riley said Tuesday during an interview at the Bangor Daily News.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: