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Please see the below detail:% N0 k! Q6 z9 D+ C
Line 369 – Home buyers’ amount, x. H) {1 M- z: l$ {
You can claim an amount of $5,000 for the purchase of a9 z/ ?, S$ q+ \* e3 k6 D: _; d* n
qualifying home made in 2010, if both of the following) @9 R0 h$ E# G! ]
apply:* n6 ]- i4 a9 c8 }
■ you or your spouse or common-law partner acquired a) E" q8 _+ _% T; B
qualifying home; and
; ?6 O1 M- L% p% _, V$ T■ you did not live in another home owned by you or your
0 T2 Q7 g8 \5 F% A; c+ L; M& z: Zspouse or common-law partner in the year of acquisition# z' W/ U7 f* c* P! ?. F- ^3 g
or in any of the four preceding years (first-time
5 Z2 Z3 e2 A/ Y* ^home buyer).& E& h t( B1 A: ^% |# t) f
Note0 y3 Z: ?9 s3 f' |2 Z1 l
You do not have to be a first-time home buyer if you are
7 v. E! h3 S; R" q+ J/ a3 p3 k, Peligible for the disability amount or if you acquired the4 L; A* J4 v- z8 i& T C
home for the benefit of a related person who is eligible8 u( b! V, g4 m2 l
for the disability amount. However, the purchase must
) d" Z/ w2 R- z" w0 Nbe made to allow the person eligible for the disability9 |; c) a& }) m' ^
amount to live in a home that is more accessible or better
- |: _0 q' r9 }( ?( M j) ^suited to the needs of that person. For the purposes of9 H, K5 c/ r7 Q8 W! x u
the home buyers’ amount, a person with a disability is
2 ` x5 t7 `( P( R3 N0 U' N- [an individual who is eligible to claim a disability amount
$ ~5 D2 p/ j5 s' h1 f- `' Q7 tfor the year in which the home is acquired, or would be
1 r9 q# Q" |+ k5 `5 }eligible to claim a disability amount, if we do not take
1 x. ^, F/ o$ S" H3 winto account that costs for attendant care or care in a) a- `1 g4 g4 g
nursing home were claimed as medical expenses on lines9 |* t, B/ @) c/ Y
330 or 331.
O3 q- y+ }: K NA qualifying home must be registered in your and/or your/ ^5 I7 N, i8 y3 m
spouse’s or common-law partner’s name in accordance8 _& X. ?, |, o1 c2 P; C0 C6 X
with the applicable land registration system, and must be6 e4 Q% Q+ I3 a! A; t9 P- W! x- ~
located in Canada. It includes existing homes and homes
; k7 N! x# p0 A* ~under construction. The following are considered5 Y% d. P; G. z/ C1 [- L5 M
qualifying homes:$ p0 H* L2 ]) ^8 [+ E( W3 Q
■ single-family houses;6 g" t- ~/ ]& G
■ semi-detached houses;" ^% { {- V2 {: Z+ D
■ townhouses;, x% g/ \7 u! R8 ]1 K& J2 A8 e
■ mobile homes;, G. s% o- t+ i4 p" V- M" ]8 f& z @
■ condominium units; and
) v8 M7 B) Q7 g U+ N■ apartments in duplexes, triplexes, fourplexes, or
5 B9 C) Y4 ~4 K" h0 M* z0 vapartment buildings.
0 b4 o! R- ^! P% FNote
' _: l2 g# U2 h5 a# KA share in a co-operative housing corporation that, S% \' G* K' O/ T5 s1 [
entitles you to own and gives you an equity interest in a
( L( t* ?. Q/ z' Y( Bhousing unit located in Canada also qualifies. However,: F) ], s- S! a" |% \( m9 T9 k
a share that only gives you the right to tenancy in the5 F% x( w1 T3 S; n+ a
housing unit does not qualify.
6 H4 i2 L! d. f, s1 p! h# C9 KYou must intend to occupy the home or you must intend0 \" o3 `# T0 r( o; B: m4 |2 |
that the related person with a disability occupy the home as
5 h; m& F; M2 ]a principal place of residence no later than one year after it7 @3 g( T" I' p* n
is acquired.! n, } ^. {$ _1 y. l B% }3 X+ l
The claim can be split between you and your spouse or' H- ^7 ^0 ^; w, i7 s/ h' E
common-law partner, but the combined total cannot exceed- q* K) P9 X z4 @, V) S+ B
$5,000.
/ A. @6 T7 X$ hWhen more than one individual is entitled to the amount" M& ^4 l, R( [
(for example, when two people jointly buy a home), the7 u1 H$ E+ v' o) s% C
total of all amounts claimed cannot exceed $5,000.
% H4 B6 Y- i1 RSupporting documents – If you are filing electronically, or9 w% n6 v- D3 H, d
filing a paper return, do not send any documents. Keep all. b, z7 T- q. j$ C3 ]
your documents in case we ask to see them at a later date. |
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