Publication 530 (2005), Tax Information for First-Time Homeowners

A

Adjusted basis, Adjusted Basis

Assessments:

For local benefits, Assessments for local benefits.
Homeowners association, Homeowners association assessments.

Assistance (see Tax help)

B

Basis, Basis

C

Certificate, mortgage credit, Who qualifies.

Comments on publication, Comments and suggestions.

Construction, Construction.

Cooperatives, Special Rules for Cooperatives, Cooperative apartment.

Cost basis, Cost as Basis

Credit:

District of Columbia first-time homebuyer, District of Columbia first-time homebuyer credit.
Mortgage interest, Mortgage Interest Credit

D

Deduction:

Home mortgage interest, Deductible Mortgage Interest
Real estate taxes, Deductible Real Estate Taxes

District of Columbia first-time homebuyer credit, District of Columbia first-time homebuyer credit.

E

Escrow accounts, Escrow accounts.

F

Fire insurance premiums, Items not added to basis and not deductible.

Form:

1098, Mortgage Interest Statement
8396, How to claim the credit., Figuring the Credit

Free tax services, How To Get Tax Help

G

Gift of home, Gift
Ground rent, Ground rent.

H

Help (see Tax help)

Home:

Inherited, Inheritance
Mortgage interest, Home Mortgage Interest
Purchase of, Purchase.
Received as gift, Gift

Homeowners association assessments, Homeowners association assessments.

House payment, Your house payment.

Housing allowance, minister or military, Minister's or military housing allowance.

I

Improvements, Improvements.

Inheritance, Inheritance

Insurance, Nondeductible payments., Items not added to basis and not deductible.

Interest:

Home mortgage, Home Mortgage Interest
Prepaid, Prepaid interest.

K

Keeping records, Keeping Records

L

Late payment charge, Late payment charge on mortgage payment.
Local benefits, assessments for, Assessments for local benefits.

M

MCC (Mortgage credit certificate), Who qualifies.

Minister's or military housing allowance, Minister's or military housing allowance.

More information (see Tax help)

Mortgage credit certificate (MCC), Who qualifies.

Mortgage insurance premiums, Items not added to basis and not deductible.

Mortgage interest:

Credit, Mortgage Interest Credit
Deduction, Deductible Mortgage Interest
Late payment charge, Late payment charge on mortgage payment.
Paid at settlement, Mortgage Interest Paid at Settlement
Refund, Refund of home mortgage interest., Refund of overpaid interest.
Statement, Mortgage Interest Statement

Mortgage prepayment penalty, Mortgage prepayment penalty.

N

Nondeductible payments, Nondeductible payments., Items not added to basis and not deductible.

P

Points, Points
Prepaid interest, Prepaid interest.
Publications (see Tax help)

R

Real estate taxes, Real Estate Taxes

Real estate taxes:

Deductible, Deductible Real Estate Taxes
Paid at settlement or closing, Real estate taxes paid at settlement or closing., Real estate taxes.
Refund or rebate, Refund or rebate of real estate taxes.

Recordkeeping, Keeping Records

Refund of:

Mortgage interest, Refund of home mortgage interest., Refund of overpaid interest.
Real estate taxes, Refund or rebate of real estate taxes.

Repairs, Repairs versus improvements.

S

Sales taxes, Sales Taxes

Settlement or closing costs:

Basis of home, Settlement or closing costs.
Mortgage interest, Mortgage Interest Paid at Settlement
Real estate taxes, Real estate taxes paid at settlement or closing., Real estate taxes.

Stamp taxes, Transfer taxes (or stamp taxes).

Statement, mortgage interest, Mortgage Interest Statement

Suggestions for publication, Comments and suggestions.

T

Tax help, How To Get Tax Help

Taxes:

Real estate, Real Estate Taxes, Special Rules for Cooperatives
Sales, Sales Taxes

Taxpayer Advocate, Contacting your Taxpayer Advocate.

Transfer taxes, Transfer taxes (or stamp taxes).

TTY/TDD information, How To Get Tax Help

V

VA funding fees, Items not added to basis and not deductible.

W

What you can and cannot deduct, What You Can and Cannot Deduct

Index

A

B

C

D

E

F

G

H

I

K

L

M

N

P

R

S

T

V

W