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Please see the below detail:* |" f$ K" z; j' i3 T- d, h
Line 369 – Home buyers’ amount
3 }" o2 }& c9 e- oYou can claim an amount of $5,000 for the purchase of a
7 _! r7 \3 f" |- ?+ F( Pqualifying home made in 2010, if both of the following
( V* X) s" }3 i qapply:+ G7 }% ^4 }2 c# ^. S9 `
■ you or your spouse or common-law partner acquired a
6 } x% s `6 v t( zqualifying home; and
1 U3 a% I; \- T C4 n■ you did not live in another home owned by you or your
3 ?8 X4 s- n" {* F- m! Bspouse or common-law partner in the year of acquisition
% b5 K, f6 G" a& u) L$ M- _or in any of the four preceding years (first-time, z, Q8 O) ]& O: B4 u
home buyer).
8 l# ~9 ~6 @, S5 M! g- wNote7 Y, U" _# i1 m
You do not have to be a first-time home buyer if you are; W3 D/ x. C( [* o
eligible for the disability amount or if you acquired the
" t6 C) A; U" ]4 s7 phome for the benefit of a related person who is eligible
+ _% D$ l, D' f pfor the disability amount. However, the purchase must
, S! A1 R2 z$ t! f. S3 Rbe made to allow the person eligible for the disability
' Z/ C. u0 U; F9 Z8 G) Camount to live in a home that is more accessible or better% H) s9 ^! _8 u; _5 f7 Q
suited to the needs of that person. For the purposes of
, f Q( B5 F3 O" u! t) V6 V# l! Jthe home buyers’ amount, a person with a disability is2 O7 ]$ _8 M% x; G4 _( U
an individual who is eligible to claim a disability amount6 j3 Q5 v+ @: M# t$ |6 v& t0 \
for the year in which the home is acquired, or would be6 ]5 c0 X5 n9 Y0 n3 m, B& U
eligible to claim a disability amount, if we do not take+ D0 _8 P0 v- w1 G# S
into account that costs for attendant care or care in a
9 B( h5 N: F' O- h/ J" {- inursing home were claimed as medical expenses on lines
6 P. ?- K2 X5 W6 p0 v/ ~# n1 O330 or 331. c! ]2 A/ L) [8 O* L2 a' }
A qualifying home must be registered in your and/or your1 q5 W# {* l' R
spouse’s or common-law partner’s name in accordance: p h6 a( X, s9 ]5 T# g8 H
with the applicable land registration system, and must be
2 V! L9 ]6 z8 \7 T3 s1 hlocated in Canada. It includes existing homes and homes: ^# r) \# E8 i" g H' W+ u
under construction. The following are considered/ K5 @& J3 C8 y: I# W; d, ]/ p8 y
qualifying homes:
7 O% K& ?& X8 b \; K■ single-family houses;( Y) X: U) m+ G
■ semi-detached houses;
% \/ i [$ h% s1 j8 q: l8 z6 c' d■ townhouses;
& F. O+ q) |) i" a■ mobile homes;
7 ]: c5 E9 {! ~9 {/ z■ condominium units; and
/ K2 _2 d. d+ O" F: G■ apartments in duplexes, triplexes, fourplexes, or% V% B8 F7 X: B4 F# V
apartment buildings.
' g% m2 C& r; r" G: m7 yNote
2 S& X4 }0 _9 {; S) j$ IA share in a co-operative housing corporation that1 B! r- S: w& T5 i* m* Q6 j
entitles you to own and gives you an equity interest in a
2 S! p3 H! L- Q. D: T2 Ghousing unit located in Canada also qualifies. However,; a; g# f I- [8 M# S% A8 Y" o
a share that only gives you the right to tenancy in the! p$ _/ ^& `& r; M) _. B
housing unit does not qualify./ k, \4 S l3 E1 M) h/ o
You must intend to occupy the home or you must intend
7 ?) ^+ Q: F; C) N# g- qthat the related person with a disability occupy the home as
; l% K/ p' X$ {- ^# B- Ea principal place of residence no later than one year after it. k- ?4 w8 ^7 V1 [
is acquired.
3 w/ b/ z" f9 SThe claim can be split between you and your spouse or; e7 |3 c* v' d; P* o
common-law partner, but the combined total cannot exceed- B8 T, F3 z% z
$5,000.
# X( ^6 p7 x x! ]When more than one individual is entitled to the amount' A$ i* H8 e) u ^0 _1 k
(for example, when two people jointly buy a home), the
" ^! p, O! g' I% Y4 L, c+ _, [total of all amounts claimed cannot exceed $5,000.$ l) W5 z! U2 b* |' Z
Supporting documents – If you are filing electronically, or
. B8 _) h) _- |( z& O* F) ]filing a paper return, do not send any documents. Keep all
{ p% {& C. \) n1 M- oyour documents in case we ask to see them at a later date. |
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