Questions & Answers

What are nonqualified withdrawals for a First-time Home Buyer Savings Account (FTHBSA)?

If the funds in your FTHBSA are withdrawn within 10 years of opening the account and aren't used to purchase a home, they are nonqualified withdrawals.

What are eligible costs for withdrawals from first-time home buyer savings accounts (FTHBSA)?

Let's Get Started


Footer sections

© 2002-2022 FreeTaxUSA, a TaxHawk, Inc. owned and operated website - Terms of Use (Updated 11/10/21) | Privacy Statement (Updated 2/1/2022) | Accessibility
This website is partnered with the National Compliance Group to ensure accessibility