New Government HomeBuyer Tax Credit for December 1, 2009 to April 30, 2010

First -Time Home Buyers: Amount of Credit $8,000. Can not have been principal owner for 3 prior years.

Current Homeowner Buyer: Amount of Credit $6,500. Principal residence consecutively for 5 of previous 8 yrs.
(Income Limit $125,000 Single, $225,000 Married)