For her 90 th birthday, Jamie (a widow) purchased a new home on September 1, 2008 and
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For her 90th birthday, Jamie (a widow) purchased a new home on September 1, 2008 and appropriately claimed a first-time home buyer credit of $7,500 on her 2008 tax return. Jamie followed the appropriate schedule for paying back the credit. However, in December 2014, Jamie passed away of old age. Is Jamie (her estate) responsible for paying the unpaid balance of the credit? Explain.
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Related Book For 
Taxation Of Individuals And Business Entities 2015
ISBN: 9780077862367
6th Edition
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
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