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Please see the below detail:
! z: m" q: ~* @( u, \, J [Line 369 – Home buyers’ amount
! l5 a! d8 P; t( D. r, W2 [You can claim an amount of $5,000 for the purchase of a5 \/ e- b6 \1 K, H9 Y
qualifying home made in 2010, if both of the following
! D. ^1 z% ]/ I4 g* mapply:3 K7 B' D; J* Y% {# B: c: l
■ you or your spouse or common-law partner acquired a: @) U0 `; w! B; [3 {4 E$ D
qualifying home; and
( J4 C0 s/ C4 M2 L, D+ {■ you did not live in another home owned by you or your
' @( R8 f; w5 B8 S5 A6 I* Sspouse or common-law partner in the year of acquisition
& Q" \. S+ b' f: g# s gor in any of the four preceding years (first-time
3 k* X4 Q- S5 Y, O! \# `home buyer).3 m) }2 i# w+ w" ~3 N
Note
3 @- j7 E! T: w3 ZYou do not have to be a first-time home buyer if you are% b2 s/ o5 v4 W8 C+ P; f4 t+ R8 a) V
eligible for the disability amount or if you acquired the7 G9 Y& _0 v* n6 K
home for the benefit of a related person who is eligible2 g5 H( r$ u+ g
for the disability amount. However, the purchase must7 c4 u2 m5 z- D; ^. T# A3 Y
be made to allow the person eligible for the disability' w# M$ e" V1 |
amount to live in a home that is more accessible or better% e" b5 L( d$ k$ d; Z* I# t$ H
suited to the needs of that person. For the purposes of M* X' L3 P3 S! H( y U* F
the home buyers’ amount, a person with a disability is
5 f7 P" n; h5 H5 h9 o2 Qan individual who is eligible to claim a disability amount% ^) v/ U" N( z/ m) _2 p
for the year in which the home is acquired, or would be! j. D2 J" l. i0 `
eligible to claim a disability amount, if we do not take( C) }/ L4 B% N% @, V, C0 H; x
into account that costs for attendant care or care in a% k) k$ _6 R! X
nursing home were claimed as medical expenses on lines
9 O ] C) ?' F6 k1 x- Z1 S330 or 331.9 l: g3 x, ?8 O4 c4 e. y7 D
A qualifying home must be registered in your and/or your
9 x& M0 f+ E3 U' }! f0 I" d+ fspouse’s or common-law partner’s name in accordance
( U4 n' c8 n' \+ N' {6 S" Y: g7 nwith the applicable land registration system, and must be
1 G% f e p O# ~ P( z, Blocated in Canada. It includes existing homes and homes2 @) n- F) u% t0 j: \
under construction. The following are considered
/ Q6 [5 c! B3 C" T$ a6 n7 cqualifying homes:# ?' o; H2 a& @
■ single-family houses;
6 G2 L5 X' W' t8 B9 O■ semi-detached houses;
( f' [' w5 \3 i' U■ townhouses;" B7 A) m1 Z% d' m3 X1 Q
■ mobile homes;% m4 @3 v2 I+ k% W+ X/ G
■ condominium units; and1 u" ^: @, E# W" [: G7 w
■ apartments in duplexes, triplexes, fourplexes, or
' }& F j% M4 W c' o- lapartment buildings. Z5 a* w' P: r$ w _
Note
$ y. F5 M; b0 M$ {2 dA share in a co-operative housing corporation that( H' p: N. j; o+ J5 g* n+ M: m
entitles you to own and gives you an equity interest in a+ G& G! d, N0 d3 W6 ~+ r' T
housing unit located in Canada also qualifies. However,
% T$ A. q: g T+ M' R$ b( fa share that only gives you the right to tenancy in the4 C! k* R4 O9 S# F) G# M
housing unit does not qualify. j1 \# q6 d7 I3 @3 s r& ^1 M
You must intend to occupy the home or you must intend
5 z ^3 y; ]% W* i# Mthat the related person with a disability occupy the home as; z& e% q5 x0 {
a principal place of residence no later than one year after it
( u8 L7 c) n$ ^0 K4 k' Jis acquired.4 T0 ^: ?/ t1 y! V
The claim can be split between you and your spouse or
+ G! W* v. N2 N1 {4 d, E7 v3 ncommon-law partner, but the combined total cannot exceed
6 q5 ?! g$ c& ?6 X* g7 y d$5,000.
/ d8 p; o% F" f5 xWhen more than one individual is entitled to the amount
$ D+ b" f) ]0 T8 v- [0 H(for example, when two people jointly buy a home), the% a3 x" l1 C" J/ A0 i
total of all amounts claimed cannot exceed $5,000.
. R4 C3 `$ J; N, i& E7 WSupporting documents – If you are filing electronically, or+ ~ ]$ s( X7 ?8 @$ {$ p
filing a paper return, do not send any documents. Keep all* a5 P; o0 T- A% {8 y, F) i1 E
your documents in case we ask to see them at a later date. |
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