dkh
Level 15

That's not the definition of "Qualified first-time homebuyer" .   That's the definition of Qualified first-time homebuyer distributions that qualify for penalty waiver 

Q. Who is considered to be a first-time homebuyer?

A. Taxpayers who have not owned another principal residence at any time during the three years prior to the date of purchase are considered first-time homebuyers.

 

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