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Please see the below detail:8 h1 U! @% {0 C7 K/ U; v
Line 369 – Home buyers’ amount
% |% A5 }3 F) I' i& l& b7 oYou can claim an amount of $5,000 for the purchase of a
2 {6 K& X5 [$ p; \' ]; Z1 ?" p% gqualifying home made in 2010, if both of the following
$ M2 J& O: e1 y2 e9 W9 v0 `& X! xapply:
7 P- L% C, O! E7 Y5 J" `. {# D■ you or your spouse or common-law partner acquired a
* U {3 d; t5 ^1 Y+ _* [qualifying home; and
0 v" D' D# F. k) X* {- [* g■ you did not live in another home owned by you or your
z0 f% a9 ]( V( }( _# b, x ]+ `spouse or common-law partner in the year of acquisition! W, V, o0 L# w1 T
or in any of the four preceding years (first-time* T" T' U; X x5 w8 N H1 J
home buyer).3 c9 c# x( z0 K
Note# m% Y( o/ |1 Z. j4 N0 Y5 \& S: k
You do not have to be a first-time home buyer if you are( U9 {' c" L% M) E- N4 h
eligible for the disability amount or if you acquired the+ c; N; y, D4 k
home for the benefit of a related person who is eligible
* I2 N' J' s0 gfor the disability amount. However, the purchase must, p1 ^7 B2 l* M2 e. }
be made to allow the person eligible for the disability. t$ F/ F& s9 N; @% e. M! u9 V
amount to live in a home that is more accessible or better) Y/ X2 Q2 w* o# q, n
suited to the needs of that person. For the purposes of5 M. L9 |# s% \2 c4 d3 y- Y
the home buyers’ amount, a person with a disability is
$ U2 n/ M& n d& u0 Can individual who is eligible to claim a disability amount3 `& S: c4 j4 c
for the year in which the home is acquired, or would be F( y* y, Y9 C: P5 v! x
eligible to claim a disability amount, if we do not take) V) g/ N: @4 X% i' o' H1 R
into account that costs for attendant care or care in a" T* D6 B1 C; j4 ~% H# ~
nursing home were claimed as medical expenses on lines
0 P1 J* Z0 j2 D) k0 {- Y330 or 331.
% d p2 @! S. w7 k4 b/ DA qualifying home must be registered in your and/or your
5 u; V2 |% w" ]0 e# A* Z6 X$ G2 jspouse’s or common-law partner’s name in accordance
# D' f4 |2 e, I+ d$ b# B' vwith the applicable land registration system, and must be
6 G% {5 B6 a& ^$ qlocated in Canada. It includes existing homes and homes" ]; a+ P! e7 k/ u6 c2 u8 M3 l
under construction. The following are considered2 x% O2 t" h" Y8 H- T8 X# m7 b7 f
qualifying homes:
n1 ~& C# E( G3 g% I■ single-family houses;$ C' x9 r6 O4 a& a
■ semi-detached houses;3 a4 J: n" c) ?
■ townhouses;) J. u9 {: r6 U
■ mobile homes;
$ O3 ]1 N+ a$ P6 Q5 d7 X$ g5 M! r■ condominium units; and
; f) h. N; W- P$ N■ apartments in duplexes, triplexes, fourplexes, or
2 V0 V+ C$ Z; l( o n& Yapartment buildings.
. n, \% N, n4 @Note
( _ H/ p# }5 C. c, s* s4 oA share in a co-operative housing corporation that0 s' w/ E8 m8 A- C U6 x
entitles you to own and gives you an equity interest in a" \4 ?. b+ Y/ _. ^' c$ P
housing unit located in Canada also qualifies. However,
: f2 U( ^& R9 j+ Da share that only gives you the right to tenancy in the
/ Y/ b& q7 a2 ^; I, y) f, M8 Ohousing unit does not qualify.; Q8 @& s, \. j
You must intend to occupy the home or you must intend8 a5 \0 V) h8 M+ k/ X) P
that the related person with a disability occupy the home as
" l4 E8 u% F: |8 r, p( Ya principal place of residence no later than one year after it
, [( i# U- V3 E! F3 m7 G" }1 lis acquired., b8 @9 ~0 o6 _: `- t
The claim can be split between you and your spouse or
2 j5 j# I( |5 v) ?* G" ?' Pcommon-law partner, but the combined total cannot exceed
, D. v" b4 m7 i1 Y( j, e* k$5,000.( w6 T( Z3 T0 `4 m. i
When more than one individual is entitled to the amount
( _" t0 G9 n7 q, t9 L( j8 n+ y(for example, when two people jointly buy a home), the/ }- V( r% o' ]; R. K! Z
total of all amounts claimed cannot exceed $5,000.
/ U S7 d) s& D G) d# M5 i5 fSupporting documents – If you are filing electronically, or+ H) a6 U3 Y/ J
filing a paper return, do not send any documents. Keep all; \# u5 `7 |3 D8 K- {! g5 b5 @
your documents in case we ask to see them at a later date. |
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