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Please see the below detail:' |9 y# }: ~5 C" m
Line 369 – Home buyers’ amount
/ |2 w0 t$ B. D9 P5 W7 L! OYou can claim an amount of $5,000 for the purchase of a' z7 ~3 M- {! a% {4 O* d5 A. }+ Z
qualifying home made in 2010, if both of the following! w8 i5 g: s. Z9 [$ m/ A
apply:' d2 P/ W( q: X$ m6 s( r: ?7 I
■ you or your spouse or common-law partner acquired a
+ W( U* g# C+ Uqualifying home; and0 S; ~9 Z6 O" ?. ^
■ you did not live in another home owned by you or your
$ Q: k5 ]3 o. v5 w5 e7 Cspouse or common-law partner in the year of acquisition2 O9 N- R7 y: H5 y* y
or in any of the four preceding years (first-time# P; u* P7 D3 i" J
home buyer).
2 x; j* z% `6 g, pNote9 c7 w! P& ^4 ^0 T4 O
You do not have to be a first-time home buyer if you are
3 n1 |! g: y: _! Keligible for the disability amount or if you acquired the8 T7 X% U. Y4 e) ^
home for the benefit of a related person who is eligible7 R5 g- T- d9 z- J4 u
for the disability amount. However, the purchase must2 }, \0 e$ k7 h! e/ A$ v- ?
be made to allow the person eligible for the disability
8 {% M, ~- L& D% L/ `amount to live in a home that is more accessible or better8 m2 s, N7 E: {1 F: g r! k
suited to the needs of that person. For the purposes of# z* S/ n* x# Y- g; B- X
the home buyers’ amount, a person with a disability is' @3 T; d e3 E/ p. ?' |
an individual who is eligible to claim a disability amount
; W8 w- O, m w! `for the year in which the home is acquired, or would be
7 S: {' ^; r* i3 N4 Weligible to claim a disability amount, if we do not take
9 p& t4 }3 ? Z2 @7 r; V& ~into account that costs for attendant care or care in a+ P6 g4 b4 Q4 a
nursing home were claimed as medical expenses on lines( F" y, l+ ~' j; I4 z
330 or 331." v3 S% p, K" E; `" O
A qualifying home must be registered in your and/or your# N/ d, X; p* R
spouse’s or common-law partner’s name in accordance0 U+ U4 w' ?8 n" R
with the applicable land registration system, and must be
% Y6 p& M# v* ?/ b4 y3 t: |located in Canada. It includes existing homes and homes3 e7 i: j) S' j( { H7 r$ x* w
under construction. The following are considered
6 u: v( T' N% J! ^" w4 ]; |3 jqualifying homes:' O/ C; D3 N, _& n
■ single-family houses;& V: C& g |" K8 m8 C
■ semi-detached houses;4 S' J& c5 O% t1 `5 q8 J( Z6 f
■ townhouses;& m( s2 H6 u9 R5 ~. v
■ mobile homes;
, K2 j: \6 a% d& r+ i& P■ condominium units; and; `3 t9 Z" P. e
■ apartments in duplexes, triplexes, fourplexes, or
( q3 o7 T4 @2 _- G" N6 \apartment buildings.
, }; f; {6 Y8 b3 ]9 f3 sNote7 x% E: f. \; w: U+ N) A4 R
A share in a co-operative housing corporation that/ f+ L# d6 P' g' N! i4 X3 v6 B
entitles you to own and gives you an equity interest in a8 |* q2 m6 }4 |
housing unit located in Canada also qualifies. However,7 k& I$ s: v; a" q5 [0 w7 o
a share that only gives you the right to tenancy in the
2 s# C7 ~! S8 \" m" M- Ahousing unit does not qualify.) f% K$ _2 h/ N& n: L# |# a
You must intend to occupy the home or you must intend- N9 I8 i) J5 t/ S
that the related person with a disability occupy the home as4 r$ t5 I* U* @3 ]1 a' s t7 K# ?: h
a principal place of residence no later than one year after it
1 E/ p# B+ u4 s \is acquired.7 ^1 Z, K1 q0 h) v; P
The claim can be split between you and your spouse or* Z# ]0 E( f* D6 b! D; }0 P
common-law partner, but the combined total cannot exceed4 f/ ?& a! D0 M
$5,000.3 C0 H H* P! C' z6 F
When more than one individual is entitled to the amount ?0 T- @) @; D' A* J
(for example, when two people jointly buy a home), the
5 U3 h% i) s" d3 v- S+ ltotal of all amounts claimed cannot exceed $5,000.
l( e( F: L: `/ b* P USupporting documents – If you are filing electronically, or6 i6 k3 C. e2 j" ?9 G+ }
filing a paper return, do not send any documents. Keep all( T9 @& K8 y+ C& Q; |2 Y2 E7 K( L6 @
your documents in case we ask to see them at a later date. |
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