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Please see the below detail:
8 d5 F/ w# O- S0 |Line 369 – Home buyers’ amount
3 |5 m0 u3 e% W6 A) g% IYou can claim an amount of $5,000 for the purchase of a6 e$ ^( m5 [1 i
qualifying home made in 2010, if both of the following
& F) Q$ g% \& y- Zapply:
/ `5 ^5 F. L; h3 @3 l■ you or your spouse or common-law partner acquired a( p5 R, h! O9 Q" ~5 b
qualifying home; and% `9 o, V: S1 t4 g: R! B
■ you did not live in another home owned by you or your
% e, U+ `% H% a* S5 Z( wspouse or common-law partner in the year of acquisition$ o/ T! e5 W4 ~5 w5 S; P
or in any of the four preceding years (first-time% D; v2 D/ C; y0 ~5 _
home buyer).
% I- |. f5 x8 QNote& w+ c+ @9 Y ]& H* c$ j9 d0 \
You do not have to be a first-time home buyer if you are
3 r2 X# J9 u) f7 V, n" _8 `6 h' meligible for the disability amount or if you acquired the
5 } ^" V! ]% t( X- Uhome for the benefit of a related person who is eligible
; a& g* ^* s7 v$ j& z: v% G/ Y5 K* pfor the disability amount. However, the purchase must
' k8 N; ?. `) @! \) X6 X; obe made to allow the person eligible for the disability
# i6 s" \1 e; `6 j# zamount to live in a home that is more accessible or better
9 e1 c4 S- m+ S- _8 Wsuited to the needs of that person. For the purposes of/ ^, D7 V# j: ]- g8 h
the home buyers’ amount, a person with a disability is
2 v) P; K( U7 [$ s8 w$ E5 y5 Gan individual who is eligible to claim a disability amount
: O+ _/ @# Y Xfor the year in which the home is acquired, or would be0 q! Z; p1 f9 I2 }, |
eligible to claim a disability amount, if we do not take( D( }! K2 w1 B1 P+ D& J
into account that costs for attendant care or care in a
. W' A; r1 G' r: Fnursing home were claimed as medical expenses on lines8 `6 }* y f" W6 H' D5 I
330 or 331.
* ]) L8 l, e, {. e8 j3 z8 k2 w7 YA qualifying home must be registered in your and/or your
4 b6 }3 z8 H9 yspouse’s or common-law partner’s name in accordance
7 g8 X7 H* d3 P" `& C; O, e# T. twith the applicable land registration system, and must be
3 Y6 a% U1 Q9 f/ Nlocated in Canada. It includes existing homes and homes
: r# ]1 p& w; junder construction. The following are considered1 S: j: t/ ?, {3 U2 |
qualifying homes:& w h5 @7 G+ [. R$ C/ A
■ single-family houses;% N$ n: \& l y0 `# r7 p
■ semi-detached houses;
$ X" i5 T; G2 x5 Z■ townhouses;
" n) I2 ~. X# D+ T- k" P- G■ mobile homes;8 M& f1 \4 ]- c* R9 e& d7 {: |
■ condominium units; and
5 `2 u5 H1 G$ a! F' Z4 D& J■ apartments in duplexes, triplexes, fourplexes, or
7 j! d4 s2 }8 }apartment buildings.4 V- c; G: D! t; w$ c/ D* g: O
Note
3 k7 @+ O) W* D- K- w, v0 D5 F [5 ]A share in a co-operative housing corporation that1 e& o6 Y; I/ d; r! P+ x
entitles you to own and gives you an equity interest in a
+ h% A+ o1 r! ~housing unit located in Canada also qualifies. However,
. ]7 V+ Z. _" e2 X0 S* oa share that only gives you the right to tenancy in the) `: O: M3 `4 B/ z- I4 N! _8 G
housing unit does not qualify.- J3 ^* B9 f, U' a7 ~
You must intend to occupy the home or you must intend8 w# k: U) W1 S: z- M) B' o
that the related person with a disability occupy the home as' G% |9 C L e! O+ @- o
a principal place of residence no later than one year after it
9 a0 a6 Y# V0 U3 t u1 ]8 Q5 O4 Fis acquired.3 W" E0 n1 \' o1 [- S' J5 L
The claim can be split between you and your spouse or
; A, u* V9 t7 c ?common-law partner, but the combined total cannot exceed- ]! F/ F0 r0 U, S
$5,000.' m1 H, F9 k( V( k% G+ d0 p+ {
When more than one individual is entitled to the amount
! y- I3 w% Y: C(for example, when two people jointly buy a home), the
, T! [! O/ i$ Z8 F: O4 ]9 mtotal of all amounts claimed cannot exceed $5,000.
8 w E" u( b( m8 {Supporting documents – If you are filing electronically, or
! D) F4 ^: C0 d& p, r9 u T8 gfiling a paper return, do not send any documents. Keep all }2 D1 E3 |/ C* Z5 w
your documents in case we ask to see them at a later date. |
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