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How much of a tax refund will i get for buying a home. – How much of a tax refund will i get for buying a home? My husband & I bought our first house this past may. I know we qualify for the $8000.00 tax credit but I heard we also get money back for closing costs, interest, etc.

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Buying a home can come with financial perks at tax time if you file an itemized return, especially in housing markets where taxes, points and interest exceed standard tax deductions.

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