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Please see the below detail:
0 H, Y* u% B B2 \; \. z. qLine 369 – Home buyers’ amount" F& x' t4 r! ^2 w6 J
You can claim an amount of $5,000 for the purchase of a3 Q. O5 K5 c& }% ?# ?3 `
qualifying home made in 2010, if both of the following
5 J, n& {( w9 D1 j1 [4 |, Iapply:
$ L$ T8 X$ S3 t5 W8 ^- k# C■ you or your spouse or common-law partner acquired a+ o+ y0 \" L+ h: B2 [6 z) H$ B2 i
qualifying home; and4 M+ B) Y0 T* A u, D# @
■ you did not live in another home owned by you or your
; F: R' G( a ^spouse or common-law partner in the year of acquisition3 z- k( _! x- P+ s: \9 _' c2 p3 X
or in any of the four preceding years (first-time
8 m- j$ x3 _! j! \, [* C5 Dhome buyer).
, J1 f2 y1 d2 L. `# xNote1 a& s/ l5 q& Z) ~( z
You do not have to be a first-time home buyer if you are4 p S0 ^6 v& G* q1 G# D' D
eligible for the disability amount or if you acquired the
9 Y+ J7 A* G/ \4 T7 c0 Lhome for the benefit of a related person who is eligible7 R( r0 o9 R ^. m
for the disability amount. However, the purchase must
: C- r. w# |- z0 Z1 w; _/ U! lbe made to allow the person eligible for the disability
( O% @: I! ]5 j1 T, E) U6 h8 {amount to live in a home that is more accessible or better
7 |7 R3 E& {* t" Z+ \suited to the needs of that person. For the purposes of
, W" P/ m' ~( athe home buyers’ amount, a person with a disability is
7 H- M9 z0 n8 V4 _4 `% ]an individual who is eligible to claim a disability amount4 j5 Y- Q" v+ ?6 V( W; k' I. T/ t/ [6 O
for the year in which the home is acquired, or would be9 r e, A9 t# X- g' Z4 G
eligible to claim a disability amount, if we do not take2 J0 z: |" M% C5 s8 N4 U6 Q% q) x: e
into account that costs for attendant care or care in a
8 @6 r* r1 B( t6 E( V+ x. U& k& W/ Fnursing home were claimed as medical expenses on lines0 Q$ s" F" f4 f" ]: n
330 or 331.
/ t+ M8 ?8 ~" d- W5 VA qualifying home must be registered in your and/or your
: b8 d1 h. p( R5 u5 L5 s" ^- Uspouse’s or common-law partner’s name in accordance# Y, O' l, w; i) A4 g+ K M4 F$ T
with the applicable land registration system, and must be
; b ?8 J% E9 ^$ Q: A6 ?located in Canada. It includes existing homes and homes# h1 Q3 R& q# ]4 {% E& D$ d
under construction. The following are considered
. E& L2 _, O$ V' B3 cqualifying homes:
9 K5 Q" r7 M# z; H■ single-family houses;
* _/ a0 b2 c: l- n+ T; B■ semi-detached houses;. Q2 r& \5 o" p! \5 i
■ townhouses;
7 e. ?6 ~# t, `; k/ v■ mobile homes;
2 i: u$ C3 r( q■ condominium units; and0 N+ i8 A& N: z
■ apartments in duplexes, triplexes, fourplexes, or0 t- V0 K9 K2 S! \) c3 r5 C
apartment buildings.
: U+ s) p: _. x; G2 b+ pNote
5 H) N! o0 P0 CA share in a co-operative housing corporation that
( E! b, w5 X' A2 @1 [" p- T0 jentitles you to own and gives you an equity interest in a
3 k& g( V/ t8 N: D3 Ohousing unit located in Canada also qualifies. However,% L* i( L" k8 S# ]; T; |+ n" }
a share that only gives you the right to tenancy in the5 k! O, p" K6 O
housing unit does not qualify.
6 t I A- X" @* V" H$ X" z! WYou must intend to occupy the home or you must intend! |: f# ] v" f5 o X3 h
that the related person with a disability occupy the home as
% A9 T1 i7 {# }) V3 ]. `a principal place of residence no later than one year after it
3 Q+ j: e: y" G% `) a& cis acquired.# R, \* D( ~$ N# R
The claim can be split between you and your spouse or. m& a6 ^) P- `) s% b5 d
common-law partner, but the combined total cannot exceed0 R" j' D6 _$ r+ G
$5,000.1 {4 s- n {7 Z) P6 v, W% D
When more than one individual is entitled to the amount
2 {/ A# N. T& b. T4 u {(for example, when two people jointly buy a home), the
: |' B# r, t# j/ L9 }1 q! B' y! Htotal of all amounts claimed cannot exceed $5,000.
& P( d& Q# w \+ O% Q ^7 z+ CSupporting documents – If you are filing electronically, or% b4 ~3 Y+ I$ v9 c
filing a paper return, do not send any documents. Keep all
; A! e7 _* O6 G5 d. A- hyour documents in case we ask to see them at a later date. |
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