Buying a house, how does that affect my tax returns?

I am a first time homebuyer and am very confused on the process. I was wondering how buying a home affects my tax returns. Right now I am getting a $3,000 return from being a student and working full time. I am claiming 0. I am wondering if by buying a house if I would have to start paying in to my tax return? ... show more I am a first time homebuyer and am very confused on the process. I was wondering how buying a home affects my tax returns. Right now I am getting a $3,000 return from being a student and working full time. I am claiming 0. I am wondering if by buying a house if I would have to start paying in to my tax return? I live in FL so I can get the homestead exemption, but I have no idea what that even means. Can someone be so kind as to explain the process to me. Thank you!
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