IRS Form 5405 Repayment of the First-Time Homebuyer Credit

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IRS Form 5405 Repayment of the First-Time Homebuyer Credit

What Is IRS Form 5405?

This is a tax form that was released by the Internal Revenue Service (IRS) - a subdivision of the U.S. Department of the Treasury on November 1, 2019. Check the official IRS-issued instructions before completing and submitting the form.

FAQ

Q: What is IRS Form 5405?
A: IRS Form 5405 is a form used to report and repay the First-Time Homebuyer Credit.

Q: Who needs to file IRS Form 5405?
A: You need to file IRS Form 5405 if you received the First-Time Homebuyer Credit and need to repay it.

Q: What is the purpose of IRS Form 5405?
A: The purpose of IRS Form 5405 is to calculate the amount of First-Time Homebuyer Credit that needs to be repaid and report it to the IRS.

Q: When do I need to file IRS Form 5405?
A: You need to file IRS Form 5405 when you no longer meet the requirements for the First-Time Homebuyer Credit and need to start repaying it.

Q: What information do I need to fill out IRS Form 5405?
A: You will need information such as the original amount of the First-Time Homebuyer Credit, the amount already repaid, and any changes to your home.

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Form Details:

  • A 1-page form available for download in PDF;
  • Actual and valid for filing 2023 taxes;
  • Editable, printable, and free;

Download a fillable version of IRS Form 5405 through the link below or browse more documents in our library of IRS Forms.

Download IRS Form 5405 Repayment of the First-Time Homebuyer Credit

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  • IRS Form 5405 Repayment of the First-Time Homebuyer Credit, Page 1
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