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Please see the below detail:
7 k/ f; C2 E) U+ L. W' ?3 ~Line 369 – Home buyers’ amount/ ]' n- I3 M* o: Z2 \% x$ ]
You can claim an amount of $5,000 for the purchase of a1 V$ Q/ y6 ?/ Y$ V
qualifying home made in 2010, if both of the following
6 E7 l* d& P7 F n) }$ B( fapply:8 D" m3 ?8 L+ R! a+ a. t F
■ you or your spouse or common-law partner acquired a0 |; q2 I* f. B4 S/ } ?1 X
qualifying home; and
% S J$ D5 H% X8 [■ you did not live in another home owned by you or your
, V2 n- f% b* c {- zspouse or common-law partner in the year of acquisition
6 n2 |4 e7 B i+ U' For in any of the four preceding years (first-time
0 W- q- W/ [' `" z2 C8 u; {( s7 Chome buyer).# P1 W- o- s% K+ s4 [& N2 ~1 w F
Note
4 i1 j! K6 Q- K. A7 P8 h* vYou do not have to be a first-time home buyer if you are
* e, V9 \, O/ U+ l J s& W, teligible for the disability amount or if you acquired the
4 m' n* U" V r# Y; }: }' n) K& rhome for the benefit of a related person who is eligible
5 d. `# z V- B* l1 s% D% O6 v+ [for the disability amount. However, the purchase must
+ ^4 W$ e: p2 U5 m" w1 m) pbe made to allow the person eligible for the disability5 I5 n2 g& ?) ^7 Z3 b; Y% H
amount to live in a home that is more accessible or better
* m# J7 r' U/ m- v# {suited to the needs of that person. For the purposes of
0 z E0 v( B4 i. P" w8 j* P# N' Ithe home buyers’ amount, a person with a disability is' X+ x4 p- U% n+ I, [) W4 U
an individual who is eligible to claim a disability amount' n/ k' i& b/ R2 i3 f5 q' S
for the year in which the home is acquired, or would be, b* V) ~7 A4 y) t
eligible to claim a disability amount, if we do not take
5 x1 `9 Y! r& Q1 finto account that costs for attendant care or care in a
8 g5 ~$ l) Y5 ]. ]" V' }nursing home were claimed as medical expenses on lines: ] W2 ]) [6 Z# O
330 or 331." q$ h% |) ^- d- R; k+ c8 N) r( V
A qualifying home must be registered in your and/or your
0 {; \% a! o3 W/ G! x- H2 kspouse’s or common-law partner’s name in accordance
+ @! E- f- q) iwith the applicable land registration system, and must be
7 b* t! e7 L. Qlocated in Canada. It includes existing homes and homes
* _7 G( b7 W5 `7 R/ E/ c$ Runder construction. The following are considered
& }0 i9 r, l% B' o' s- _qualifying homes:4 R* Y3 b' `( r3 L
■ single-family houses;8 I: w, Y; r/ q
■ semi-detached houses;
# |/ q7 p/ u6 p% p" @+ B■ townhouses;3 E- U9 k$ k$ }" }
■ mobile homes;
/ P, Q6 U* F; X! S' h- A. Z6 R0 l■ condominium units; and
( K; C" r) u% o; _' B. a3 t■ apartments in duplexes, triplexes, fourplexes, or
) z: k" ~2 C) |1 }8 w! Fapartment buildings.* q, z2 Y8 Q4 d7 A
Note
9 }. \( v* J0 o- O* }1 gA share in a co-operative housing corporation that/ x) B* p S3 d! t- t8 S# J4 A+ A' u
entitles you to own and gives you an equity interest in a
: P- e- _$ G/ ihousing unit located in Canada also qualifies. However,
* _9 {) C& O0 V, |a share that only gives you the right to tenancy in the
1 S! a0 s2 m7 khousing unit does not qualify.) a0 j( k {' @2 j [/ {
You must intend to occupy the home or you must intend
7 O- u5 d. D5 L- h8 ^that the related person with a disability occupy the home as4 s m# j! ?( i+ _, b7 b) K/ }
a principal place of residence no later than one year after it
3 V+ Q* C: C1 p* X; Eis acquired.
" ~9 v: B& {5 a; q+ s: }The claim can be split between you and your spouse or
$ k5 A! [$ Q+ Q8 X* d% Ycommon-law partner, but the combined total cannot exceed! \ c- T4 U. _: c( L$ T6 p5 X6 S
$5,000.3 g! o/ D, h* Y& {
When more than one individual is entitled to the amount
5 q2 y/ D Q# W(for example, when two people jointly buy a home), the
7 ?* b( y& P0 Stotal of all amounts claimed cannot exceed $5,000.2 J4 k* o" [$ u4 f% H# L
Supporting documents – If you are filing electronically, or5 D$ D: I3 T9 o; \/ }
filing a paper return, do not send any documents. Keep all
7 x- z. b* L- }& }' g+ Y. H1 l L7 @# Jyour documents in case we ask to see them at a later date. |
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