Financial Institutions: New First-time Home Buyer withdrawal schedule available
We’ve posted the following new tax form on our website:
- Form ID-FTHB, Beneficiary and Withdrawal Schedule – First-time Home Buyer Savings Account
We created this new form in response to a new law, which provides for the First-time Home Buyer Savings Account. Financial institutions must use this form to report account withdrawals to the Tax Commission.
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