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Please see the below detail:5 r1 B8 Y; \) f) D
Line 369 – Home buyers’ amount
( y. h( A# ?% k9 z# f. Q# U* G. pYou can claim an amount of $5,000 for the purchase of a
: F: W4 f" c8 Y% _qualifying home made in 2010, if both of the following3 a$ Y( T& ]' X
apply:
! d7 o; { G/ X6 N■ you or your spouse or common-law partner acquired a
' q& a2 h: Q7 i. ?' qqualifying home; and
# N3 E. M7 }- [* {■ you did not live in another home owned by you or your( s% C& P/ j$ H/ g8 n) ~9 }$ N
spouse or common-law partner in the year of acquisition$ N2 J9 H) O" o& n( @. z# v
or in any of the four preceding years (first-time0 _9 E I& [' k8 n4 |
home buyer).
' D6 S" h3 c1 k* `0 {Note: A C, g: X0 h! _4 r
You do not have to be a first-time home buyer if you are
6 l; \; n$ {1 E1 \1 u1 z1 Deligible for the disability amount or if you acquired the6 l2 e5 m$ \( F4 `8 h
home for the benefit of a related person who is eligible
; A' W1 H* W/ X' j6 Y& ofor the disability amount. However, the purchase must
H. c& U) u7 \' Y& [+ Z" qbe made to allow the person eligible for the disability
* Q( v v' N! `9 X) A! ~amount to live in a home that is more accessible or better. G/ W% }6 Q# ?; o/ a; R: J
suited to the needs of that person. For the purposes of* c. G% j' X7 j! V
the home buyers’ amount, a person with a disability is/ \6 V2 l! U- i D: k
an individual who is eligible to claim a disability amount8 C* I; B" p9 Y) i4 N h. A
for the year in which the home is acquired, or would be
# q2 Z0 t1 A( B; ]+ g7 v& |5 r: geligible to claim a disability amount, if we do not take$ }* ~, @0 ? _5 V
into account that costs for attendant care or care in a# z: E; |$ Y$ @7 v+ g
nursing home were claimed as medical expenses on lines
5 O2 @! p; v8 w" X0 H: |. y+ x330 or 331.1 n2 b9 y* l+ }7 e% k, y7 X1 J
A qualifying home must be registered in your and/or your6 u' Z5 q- Q5 i. x, W1 y! V
spouse’s or common-law partner’s name in accordance
, E* ^6 l1 |# [7 s; T; G; ]# f, nwith the applicable land registration system, and must be" s/ p. {4 D9 v, Z9 K
located in Canada. It includes existing homes and homes' T9 C/ _3 L3 U' t6 y0 K, p8 ~- @
under construction. The following are considered
& k( P8 j4 Q- C3 c% |qualifying homes:
1 L5 M0 P% o; V) p- V- H4 Z■ single-family houses;/ e* N& R- p- o' I
■ semi-detached houses;7 L& E0 G# \: {9 p, ?& V
■ townhouses;
& K' `5 N. `: b3 H2 }■ mobile homes;& ~7 N, f/ k- @
■ condominium units; and4 m# [+ i& t+ @4 M, {
■ apartments in duplexes, triplexes, fourplexes, or
1 O! ]# e% C+ f# [9 }apartment buildings.( S. `9 A! D) M! @
Note
' ]* P5 Y, r/ i6 t! h+ iA share in a co-operative housing corporation that
8 a ?& t5 l# R! \- E7 N' Yentitles you to own and gives you an equity interest in a
& o6 @* H9 m! C. H* N' D. ?/ Ihousing unit located in Canada also qualifies. However,
* i* O5 X0 K: C" Va share that only gives you the right to tenancy in the' w2 d; o5 [( G8 }
housing unit does not qualify.
# I4 }% A$ ]9 N7 [* N0 jYou must intend to occupy the home or you must intend* z$ r6 y6 p+ @2 _
that the related person with a disability occupy the home as, u( G+ d. }' E) y
a principal place of residence no later than one year after it
7 p1 c9 j; h' m- {5 ris acquired.
1 o9 a% N% C% I1 u8 P, B: o; z- ^The claim can be split between you and your spouse or
& Y5 b) p/ I" j+ Y3 c8 d- j; _, O' ocommon-law partner, but the combined total cannot exceed
e) s9 r( P" p% L! Q! Y$5,000." A- A9 C" f2 l! w, c# A
When more than one individual is entitled to the amount" l- n, q0 z3 }5 q& F. ^
(for example, when two people jointly buy a home), the
9 i: z+ O) }2 W( }: d4 N1 F9 htotal of all amounts claimed cannot exceed $5,000." W% [1 G1 s! y; ~8 Y" I6 H2 E
Supporting documents – If you are filing electronically, or
4 W' ?, {" L( y& y5 `filing a paper return, do not send any documents. Keep all
$ X. c" U% u7 _# myour documents in case we ask to see them at a later date. |
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