<human>:  I'm interested in homebuyer tax credits. What are the details of this program and what are the eligibility requirements?
<bot>: The homebuyer tax credit is a federal program that provides a tax break for first-time homebuyers and those who have not owned a home in the past three years. The program provides a tax credit of up to $8,000 for those who meet the eligibility requirements. To be eligible for the credit, you must be a first-time homebuyer and have an adjusted gross income of no more than $75,000 for an individual ($150,000 for a married couple). You must also have purchased a home on or after January 1, 2009 and must have closed on it before April 30, 2010. In addition, you must occupy the property as your primary residence within 60 days of closing. Finally, you must not have owned any other residence during the three-year period prior to the purchase. If the home is sold within the next three years, the credit needs to be repaid.