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Please see the below detail:
& X- u( M6 V9 \" @. G9 _Line 369 – Home buyers’ amount
9 x" K, U4 O- `7 V7 hYou can claim an amount of $5,000 for the purchase of a* ]7 ]* D/ @2 C6 ~% Q
qualifying home made in 2010, if both of the following
2 r( F0 F& c0 o$ l, J6 Dapply:
8 Z( v! u" ]' o+ B3 P2 W6 l■ you or your spouse or common-law partner acquired a
% O. k, R' d- c+ N: |2 I8 }& _qualifying home; and: }, I# A/ c6 s/ A r
■ you did not live in another home owned by you or your# S" f6 d* t6 W" Z4 w3 E7 J
spouse or common-law partner in the year of acquisition
. |& [ n2 n* A5 e0 o: g/ Uor in any of the four preceding years (first-time
7 H$ f0 e2 p, m+ D$ ]3 x7 L/ Ahome buyer).
0 J, D0 _, V4 E, w6 pNote# Q) z1 U% p# k/ n) k* j. \9 E
You do not have to be a first-time home buyer if you are
. S& T- } R, Y9 T/ h* z a7 A! L9 Celigible for the disability amount or if you acquired the
! [% l i, z9 D3 o ]home for the benefit of a related person who is eligible
1 q {$ `& K9 G: E; ffor the disability amount. However, the purchase must
$ p. l; U5 ^2 ~) Vbe made to allow the person eligible for the disability
) ~6 h) ~4 B5 Z. O4 Samount to live in a home that is more accessible or better
0 v& ?9 n% _8 p6 e- n2 ~ E% y& \suited to the needs of that person. For the purposes of
' c+ L. [/ W2 fthe home buyers’ amount, a person with a disability is0 }: t" Y) |9 L
an individual who is eligible to claim a disability amount
# x/ T( I: }% m/ B+ W7 Sfor the year in which the home is acquired, or would be
: I+ l) ]( A$ W* zeligible to claim a disability amount, if we do not take$ T# e) H& v' r( S
into account that costs for attendant care or care in a$ N+ Z) m/ @: a7 f/ T9 J" X$ T
nursing home were claimed as medical expenses on lines( d& ~& m$ b+ H3 \1 K
330 or 331.+ ^/ O6 M, |/ P4 M& T
A qualifying home must be registered in your and/or your
! O; o" H$ q8 ~spouse’s or common-law partner’s name in accordance
h0 R* L' w0 z# g, f6 pwith the applicable land registration system, and must be
5 M: D) R i" L: A# ^! olocated in Canada. It includes existing homes and homes
4 @' I, ~) ~7 \/ X* ^: h! G$ Eunder construction. The following are considered
3 d6 ?4 @4 `* O% p: {. j' c- Q3 Gqualifying homes:
: D3 J, O7 A7 j/ j3 C■ single-family houses;0 e6 Y2 ]$ ^- Y8 Z
■ semi-detached houses;
- a" W& c7 s" ?, g. U4 y■ townhouses;
# |/ q8 {. _, g' B" M5 j% E■ mobile homes;
! B: o0 e& L+ }7 p- o9 F: {■ condominium units; and
+ ~8 \3 s* x. R) X■ apartments in duplexes, triplexes, fourplexes, or# g9 m5 U9 E! u
apartment buildings.! {5 c/ p C' n. e+ u% ~
Note
- c- ^; H& m1 \8 y. AA share in a co-operative housing corporation that2 \6 J8 f) c6 a( n; f0 A! y0 ^3 `1 k
entitles you to own and gives you an equity interest in a
3 K0 ~! Y- T0 I4 E# h7 j0 Ehousing unit located in Canada also qualifies. However,) Y6 f, T+ M6 ` c: U2 d
a share that only gives you the right to tenancy in the
, V3 G+ D, I, `1 S9 ^housing unit does not qualify.# z4 O+ | c+ }# [9 A
You must intend to occupy the home or you must intend, g, n! v3 n+ S& \* q/ i$ |' u, Q
that the related person with a disability occupy the home as
, p* D E N$ e7 t. {( ra principal place of residence no later than one year after it
0 v4 @3 {& F5 m( k: ?is acquired.
/ N, l" m6 o7 F4 x6 xThe claim can be split between you and your spouse or) t3 `* S6 E. v
common-law partner, but the combined total cannot exceed
( h8 s/ U5 T, Y9 i6 ]" h+ T$ s$ r' h$5,000.& y* d% E7 Z# g6 X7 W
When more than one individual is entitled to the amount
1 O) f) E/ s, [, h i! [(for example, when two people jointly buy a home), the0 W8 n3 A" L) V/ X& |+ J' j
total of all amounts claimed cannot exceed $5,000.
5 U3 h) | ~7 `; U4 [+ zSupporting documents – If you are filing electronically, or
- n6 u; {+ _. Y0 Y. `' Afiling a paper return, do not send any documents. Keep all) d1 ~6 S9 ?% m& W, x
your documents in case we ask to see them at a later date. |
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