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Please see the below detail:5 ~. B, B/ |) M& _0 {* K; _! h% ]
Line 369 – Home buyers’ amount9 F( D. Q) L3 Y5 ~0 c
You can claim an amount of $5,000 for the purchase of a
9 v. r; W* q. X3 [& k6 Squalifying home made in 2010, if both of the following# {; f3 n8 B8 v: e& \. g
apply:
& f; N' P# v7 K4 r" D$ V, q H+ k■ you or your spouse or common-law partner acquired a7 }% N* [0 T9 B5 r2 Y
qualifying home; and
+ \6 O5 @; a m% o■ you did not live in another home owned by you or your5 _: q; ?7 }9 [1 b1 n) F5 m+ r
spouse or common-law partner in the year of acquisition% L& z7 @( E2 {/ O( c* h
or in any of the four preceding years (first-time
9 O$ G: Y- G- |2 f6 e2 m7 }1 Xhome buyer).0 w! q8 C/ H; i+ X3 K
Note/ G" j" M( x" N: t6 o
You do not have to be a first-time home buyer if you are
4 x9 ]. C$ F# {) @# ^4 meligible for the disability amount or if you acquired the' ^+ O! i# g. Z1 i$ X' O' [/ ]
home for the benefit of a related person who is eligible
/ ?$ G7 S0 N8 y2 q. _0 \" p8 Dfor the disability amount. However, the purchase must
! I$ }9 z# V- Lbe made to allow the person eligible for the disability
' a' f5 ]* Y- ]! N8 g: q9 gamount to live in a home that is more accessible or better
; b2 A F M' F# t' x+ |suited to the needs of that person. For the purposes of; s6 ?* M6 e: M) y. [1 w* A$ V
the home buyers’ amount, a person with a disability is. O( t$ @6 G$ A2 _: Q& d
an individual who is eligible to claim a disability amount& q$ v# t( }) l3 [9 O) { y. b. o
for the year in which the home is acquired, or would be
- i0 _6 }! ]2 N0 J5 geligible to claim a disability amount, if we do not take
: ^) s2 N/ `& O; H. D' U! m Dinto account that costs for attendant care or care in a0 u' @3 Z* i! O; M6 W, A
nursing home were claimed as medical expenses on lines
) y$ _! \. Q+ @8 m/ F3 _$ E( A330 or 331.8 {5 W! F: x% x1 b
A qualifying home must be registered in your and/or your2 I8 ^! J( V: J
spouse’s or common-law partner’s name in accordance% h* {5 `' \8 j7 J1 b. t
with the applicable land registration system, and must be
1 W5 _- k( D- Klocated in Canada. It includes existing homes and homes
, K. P; J8 J0 V6 Junder construction. The following are considered0 ]8 b1 u% x) J$ T7 e7 a) E
qualifying homes:
* X: k: Y% g; H& y% `$ F% b1 t- P■ single-family houses;9 f# ~) t' p# u8 w; [
■ semi-detached houses;
8 p9 ?. S: A6 w■ townhouses;8 r2 x1 Q! c9 h" M: Q6 a5 w
■ mobile homes;
* P; w4 A5 V: C2 N: ?% P■ condominium units; and
7 U' I3 a* u7 X! q) o% B+ x■ apartments in duplexes, triplexes, fourplexes, or
( G5 o5 t5 P; C3 K$ W- Q @- capartment buildings.$ z; f6 H; d# b m3 A4 }" n8 G# I
Note0 d8 o7 K6 |/ u, n2 U, P
A share in a co-operative housing corporation that$ M5 |& p5 u; [$ q! v8 n
entitles you to own and gives you an equity interest in a
' W5 `7 g+ d" N/ yhousing unit located in Canada also qualifies. However,' C2 g, j: ]( i& V2 S
a share that only gives you the right to tenancy in the- Q' u, J* H$ v( k: \- l+ o
housing unit does not qualify.% W9 p' j6 U3 B9 u
You must intend to occupy the home or you must intend
6 p) y, V! X$ t8 c/ y# rthat the related person with a disability occupy the home as( q* W+ w; C/ @% U: w: Y3 v
a principal place of residence no later than one year after it
! O! u$ V! e T' P# U& Lis acquired.; U8 z- w% z; K$ c% G
The claim can be split between you and your spouse or
; ^. A$ F* H4 z2 `" D3 Z) S3 xcommon-law partner, but the combined total cannot exceed
5 z4 A+ [% e8 \$5,000. B H/ P' v9 L
When more than one individual is entitled to the amount9 S! F3 |' E/ s# h
(for example, when two people jointly buy a home), the
1 |$ m9 ^1 E; G4 Ctotal of all amounts claimed cannot exceed $5,000./ N$ t+ D; _) L2 p0 e/ k% H0 a
Supporting documents – If you are filing electronically, or/ n+ j5 _6 z/ O3 N4 I; o% r
filing a paper return, do not send any documents. Keep all
7 r% l S( c' Oyour documents in case we ask to see them at a later date. |
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