Which of the following statements regarding the first time home buyer credit is correct?
A) Taxpayers who acquired a home in 2008 and claimed the credit is not required to pay the credit back.
B) Taxpayers who acquired a home in 2008 and claimed the credit are required to pay the credit back over a 15-year period.
C) Taxpayers who acquired a home in 2008 and claimed the credit are required to pay it back over a 15-year period.
D) None of these
Correct Answer:
Verified
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