$8,000 Tax Credit--HELP!!!

[docstudent]

How do you determine your MAGI?

My gross for the year was $86, 443.10

I contributed $4700 to a 403b account, and $6915 to another pre-tax retirement account. My taxable gross earning was $74, 827. 65 for the year. Will I be eligible?

[maat55]

Look here for your scenario.

Federal Housing Tax Credit: Home

[Seeker]

Eligibility for 8k housing tax credit for 2008 (homes puchased before 11/2009). Note that the form for homes purchased after November of 2009 (for this 2009 tax year) will not be published/available until 1/8/2010.

http://www.irs.gov/pub/irs-pdf/f5405.pdf