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Please see the below detail:
( i& {; |1 G. r: m- ?" x8 d8 D9 OLine 369 – Home buyers’ amount; c, r- g4 f8 _5 C2 ?- t3 U
You can claim an amount of $5,000 for the purchase of a) A: _- e! A" T
qualifying home made in 2010, if both of the following
, [: Z" L" h$ T" \: Dapply:* s6 i) r+ U2 `$ u8 F# C
■ you or your spouse or common-law partner acquired a! X8 |) M+ n8 @/ P. \
qualifying home; and, s2 |( a/ o" J
■ you did not live in another home owned by you or your3 l/ m: k0 E: o, R) @
spouse or common-law partner in the year of acquisition4 B" q8 \6 g+ T; _" V% p- u- R0 u$ a
or in any of the four preceding years (first-time2 N% F* w j a* b
home buyer).& m) G' \/ r! `
Note6 E# W+ E) f) t+ {, d. v! ?
You do not have to be a first-time home buyer if you are8 g) V9 I% m2 Z5 w* O9 Q
eligible for the disability amount or if you acquired the
7 O; i6 L9 q: m! ^; Y! ahome for the benefit of a related person who is eligible
, }2 `* g. B- Y* s. B4 ]' D# O; y; k8 F2 ufor the disability amount. However, the purchase must1 G- b% H- p* m" R& Q7 f
be made to allow the person eligible for the disability
) i3 h/ _& x/ f6 R- J8 Damount to live in a home that is more accessible or better
, c6 y; Z1 C" o1 B; }! `: {suited to the needs of that person. For the purposes of
. Q- o& _' l# \the home buyers’ amount, a person with a disability is
# D! C4 U2 ~" G/ x9 P2 j1 Ran individual who is eligible to claim a disability amount- j% r* @/ S( j) E* P2 `
for the year in which the home is acquired, or would be# h: k7 N' Y8 D2 A$ @& K
eligible to claim a disability amount, if we do not take
* L- o4 K1 E a7 Linto account that costs for attendant care or care in a
3 V1 I8 G! q) u3 wnursing home were claimed as medical expenses on lines8 O$ [" |1 z; b" r. |8 R
330 or 331.* }$ p4 ]/ D; J! B9 V7 t; s
A qualifying home must be registered in your and/or your
* k( p# V5 Y4 C8 v Espouse’s or common-law partner’s name in accordance
0 k) h, ~/ B3 k f" u2 R0 L: Hwith the applicable land registration system, and must be
9 T% D- s8 A8 M; V5 dlocated in Canada. It includes existing homes and homes
1 q# g+ K6 q( p4 p7 b0 Punder construction. The following are considered6 G9 M: [$ H2 q e7 G
qualifying homes:% c* O8 q4 W% X& F- X- C7 N
■ single-family houses;
# m: e3 b! g) `, C- y■ semi-detached houses;# C% q& M+ v7 E+ {; V/ }9 ]
■ townhouses;& ?7 |& m' l) O
■ mobile homes;, }, L, v1 Z, t( ]" w4 `
■ condominium units; and( k7 J7 C- n |5 e3 @* Z/ E
■ apartments in duplexes, triplexes, fourplexes, or
4 ?$ l8 J. \" p' w9 A/ | D( g( Aapartment buildings./ T/ T: I% _0 x2 ~
Note
" e( X0 Z, C: q! b9 G1 [A share in a co-operative housing corporation that
S' s& H# i' L" r- W3 oentitles you to own and gives you an equity interest in a
, e0 r& `" m9 u9 rhousing unit located in Canada also qualifies. However,
% v5 S4 g7 d4 Y: pa share that only gives you the right to tenancy in the0 a X# y4 V0 @% [! O
housing unit does not qualify.4 q: B/ b) j$ x2 N$ d* a
You must intend to occupy the home or you must intend
6 Y6 ~7 k6 b! _8 uthat the related person with a disability occupy the home as+ U& X4 y6 ~% J; a( e( h; T
a principal place of residence no later than one year after it& v" k# H% Y9 C- w% x7 @" ]0 }- O
is acquired.
' Q( L& w: J/ J5 P- F( CThe claim can be split between you and your spouse or& n3 ^2 G6 m1 H1 F+ e' |7 h/ p5 [
common-law partner, but the combined total cannot exceed
# z1 u0 B) |& l2 W0 o4 i+ h$5,000.
/ D5 `$ O% ^$ {3 UWhen more than one individual is entitled to the amount
0 [/ d/ e5 M& P! C2 Q4 X0 g(for example, when two people jointly buy a home), the. x1 S/ \! S) ?, ?/ V' ^5 _9 M {0 d
total of all amounts claimed cannot exceed $5,000.; e* A2 Z/ e7 W" `; Z& N) n
Supporting documents – If you are filing electronically, or9 Z% s# ]4 x& a: ~
filing a paper return, do not send any documents. Keep all
V8 n3 Y2 H: b+ v% a B' Byour documents in case we ask to see them at a later date. |
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