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First-time home buyers can withdraw up to $10,000 from an IRA without penalty to purchase a home. Of course, however, you’ll have to pay the income tax due on the withdrawal, unless it's a Roth IRA.
According to the plan, the residential clean energy credit, which provides a 30% tax credit for home solar panels, batteries, geothermal heat pumps and more, would expire at the end of 2025.
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