Who cannot take the First Time Homebuyer Credit?
If any of the following describe you, you cannot take the credit, even if you buy a main home:
* The price of the home is more than $800,000.
* Your modified adjusted gross income is $145,000 or more ($245,000 or more if married filing jointly)
* You cannot claim the credit for any year for which you can be claimed as a dependent on another person's tax return.
* You (and your spouse if married) are under age 18 on the date of purchase.
* You are a nonresident alien.
* Your house is located outside the United States.
* Neither you nor your spouse (if married) was on qualified official extended duty outside the United States as a member of the uniformed services or Foreign Service or an employee of the intelligence community.
* You acquired the home by gift or inheritance.
* You acquired your home from a related person.
* You acquired your home from a person related to your spouse.
* You purchased a home in 2012 or 2013.