My Wife and I are retired and living on Social Security. We have been married for 15 years. During the past 8 years she has not taken title to properties we have lived in, but I have. Her name was never on the deed, only my name. We are attempting to purchase a 700 sq. ft. condo, which will be our primary residence and if our offer to purchase is accepted, will close 04/30/2010. We don’t have any additional source of income, just our modest monthly Social Security Benefits. Our Realtor mentioned the Homebuyer Tax Credit and we were counting on this, now I’m confused about the marriage qualifications. It seems to have a bit of (discrimination) taste to it. I feel this is a case of Marriage Penalty! What do you think? How long will the IRS take to make a clear determination on a particular issue line mine.

Respectfully,

L Jones