First-time homebuyer credit
$0
Can You Write Off First-time Homebuyer Credit?
Short answer: No: the federal first-time homebuyer credit ended in 2010, and no new one has passed.
Mortgage interest, points, and property taxes are deductible if you itemize.
Records to keep: Keep receipts, statements (1098, 1098-T, 1099, W-2G), and a note of what each cost was for. Compare itemizing to the 2026 standard deduction before you claim.
BW-B23-00393
high risk
First-time homebuyer credit
$0
Individuals / Personal Taxes
Office & Workspace
Personal Tax Deductions
No: the federal first-time homebuyer credit ended in 2010, and no new one has passed.
BizWriteOffs provides educational information only and is not tax, legal, or accounting advice. Deductibility depends on your specific facts and records. Consult a qualified tax professional.
Business justification
No: the federal first-time homebuyer credit ended in 2010, and no new one has passed. Mortgage interest, points, and property taxes are deductible if you itemize.
Category
- Personal Tax Deductions
personal deduction
search demand 2026 b23
filing
tax credits