Bought coop in June 2009 and income was higher than phase-out limit. Now the extension raised the income limits to qualify and I fall below the limit. Do I qualify for the full $8,000 credit when I file my 1040 next year?

Good question John. Congrats! Any tax experts out there?

what?? what did they raise it to? pray tell....

yeah boyeeeeeeeeeeeeeee!!!!! this is totally awesome

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aHF3QbLOiXvs

john i would say yes you definitely qualify (i am not a tax expert). i bought around the same time and hae been hoping for this!

The 75K phase out was unrealistic for NYC, but 125K is helpful to the middle class here.

when does this come in to effect officially?

The 75K phase out was unrealistic for NYC, but 125K is helpful to the middle class here.

damn right.

Too good to be true. The new income limits are NOT retroactive so only applies to purchases after November 6, 2009. Ugh!

ahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh