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Please see the below detail:. Q. T% ]" J- a) y; {( S
Line 369 – Home buyers’ amount
" ? a* J+ O) E" Q" uYou can claim an amount of $5,000 for the purchase of a
$ a/ X9 W: g4 F! e6 z7 e, F1 \' z" gqualifying home made in 2010, if both of the following
" I1 C! `& J- g2 |: Q' a [: K Wapply:
& Y/ c7 B7 ~0 j$ p( k3 s3 a■ you or your spouse or common-law partner acquired a6 v, L+ x, u; j! L4 x
qualifying home; and$ d% a6 d& T2 F Z( d6 b* h$ Y
■ you did not live in another home owned by you or your
9 m- L8 P- N- l# }& xspouse or common-law partner in the year of acquisition
7 K( |: [* j* ?6 Xor in any of the four preceding years (first-time
9 t3 x. ?0 g' \6 }: }. Fhome buyer).1 \" Z6 P; J; w9 P7 f. m8 Z* o0 X
Note
0 D1 g0 \! [! _, U0 W* iYou do not have to be a first-time home buyer if you are
; R: y; K+ [0 H9 U4 ]1 r6 c& ]eligible for the disability amount or if you acquired the
- L) T3 C2 j) R$ bhome for the benefit of a related person who is eligible
4 r2 X% h$ y7 f# jfor the disability amount. However, the purchase must6 L7 f3 p4 G2 O* e
be made to allow the person eligible for the disability
* N8 C. s( P. Z' i7 \7 q7 damount to live in a home that is more accessible or better
3 c1 O" q% S6 {0 A- @. M( zsuited to the needs of that person. For the purposes of
( v1 g! m+ F# I$ Q; ethe home buyers’ amount, a person with a disability is
, w" n I+ a# can individual who is eligible to claim a disability amount8 J5 z" @5 V5 C; }7 f3 M
for the year in which the home is acquired, or would be1 k1 W; ]5 g0 @( q
eligible to claim a disability amount, if we do not take5 t7 u8 C& |: V6 _, q
into account that costs for attendant care or care in a% n! Z9 ^+ B! F' Y' S3 `3 O
nursing home were claimed as medical expenses on lines) I' r+ {0 G. P4 R; T! E; E# J( r
330 or 331.
% X6 _4 w& T; }6 T) C: m/ u, \1 yA qualifying home must be registered in your and/or your/ D& f) \$ m& h
spouse’s or common-law partner’s name in accordance; f# t! |8 `6 _# {; i/ |
with the applicable land registration system, and must be
+ Y8 D; V8 Y; J3 x0 |located in Canada. It includes existing homes and homes5 O8 _" R" [7 k
under construction. The following are considered
& [, _1 K4 h2 }1 J; {! Fqualifying homes:# T- U E* |8 d! Y" e: M& O
■ single-family houses;
% X; w* n. B; e' V" W; t■ semi-detached houses;' r& k6 n g( F2 i) i; J
■ townhouses;
( p3 @$ m& w% a# Z8 F1 \! B1 y■ mobile homes;
2 c7 q# K* j4 @+ D2 ?■ condominium units; and1 A- ~, R2 t( b7 {* c
■ apartments in duplexes, triplexes, fourplexes, or
* p& Q$ H- W/ K! japartment buildings.
w! H8 d X9 [6 ~- s5 J% J& C5 N" j, Y; |Note
, b% o0 l7 [! V, J- A6 yA share in a co-operative housing corporation that
0 t& J! x. A' y8 ~entitles you to own and gives you an equity interest in a
& V7 C+ h2 Q& J( |8 E4 \( D4 g9 fhousing unit located in Canada also qualifies. However,0 J9 V Y2 ]+ f1 Z b* R
a share that only gives you the right to tenancy in the
5 U+ m2 s: y d dhousing unit does not qualify.
$ w, Y2 S. V6 {1 }* B- e* HYou must intend to occupy the home or you must intend
7 @ \7 `! D d) V- C8 G. Uthat the related person with a disability occupy the home as
; Z$ `( r' [( y: Q; N0 B. ya principal place of residence no later than one year after it# ^& x5 Q( V2 b; f, _1 y9 D
is acquired.9 @6 E# R, T+ I& R/ a# {
The claim can be split between you and your spouse or
/ y, _( ~4 W0 F6 M& E, Pcommon-law partner, but the combined total cannot exceed v$ Y5 w: ~; g% v. s7 c' P
$5,000.
" _: j' O- a. m" y( PWhen more than one individual is entitled to the amount; J p- D6 _' Q4 x& D7 v
(for example, when two people jointly buy a home), the
5 R# h# b5 c) U: r# utotal of all amounts claimed cannot exceed $5,000.
! d) {( Q9 L0 |4 I. F4 @Supporting documents – If you are filing electronically, or
/ c. n1 B1 D' U$ [" b- H* hfiling a paper return, do not send any documents. Keep all
) u- c- _% D3 T* z% {; eyour documents in case we ask to see them at a later date. |
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