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Please see the below detail:! f" g6 y" {# s6 Q: ^4 `0 L
Line 369 – Home buyers’ amount
0 b; D$ ^ W R( J6 a: Q8 g. U3 K% FYou can claim an amount of $5,000 for the purchase of a* u9 h$ ~7 j5 A4 b
qualifying home made in 2010, if both of the following
3 Y7 S$ ~, C1 [: ^apply:
, f' F7 S" z% _$ P3 p0 [■ you or your spouse or common-law partner acquired a! b7 f, \& K# c: \
qualifying home; and4 |6 v0 [/ p+ z
■ you did not live in another home owned by you or your% |- P# V) M% s2 `# \% g7 f6 L7 ~( p
spouse or common-law partner in the year of acquisition
h+ S# k6 r' \or in any of the four preceding years (first-time
, F6 E6 J; b+ G6 B( [home buyer).
7 P+ X8 L( I) G! d& {1 ]5 h* ONote& |' j7 k3 G+ h h* S4 Z% z
You do not have to be a first-time home buyer if you are5 v. ~' j! b( U7 g+ a
eligible for the disability amount or if you acquired the
& _- s# b+ x1 p+ r) N) L1 Z. I6 \/ ahome for the benefit of a related person who is eligible, C4 u" {) @7 {) D2 v- Y; ^7 [
for the disability amount. However, the purchase must% P. Q% R/ U0 t; w
be made to allow the person eligible for the disability
! ]( L3 M: s* N4 u7 }3 j9 J. eamount to live in a home that is more accessible or better
+ f( q+ ]* q2 w4 q- nsuited to the needs of that person. For the purposes of Q v( L5 G2 `# ~* H. z
the home buyers’ amount, a person with a disability is' s, e |; I2 o9 d1 A- S- k
an individual who is eligible to claim a disability amount
$ K: p) a' j8 zfor the year in which the home is acquired, or would be
+ S! [4 s3 x3 _2 I4 xeligible to claim a disability amount, if we do not take% K7 @" r$ Y7 ~+ K. b
into account that costs for attendant care or care in a
$ B% K% d K+ I) W+ o% b0 N9 Snursing home were claimed as medical expenses on lines
9 n( E: y8 F5 O0 k! E& N: ^330 or 331.8 x% @1 W3 S) m. e+ J. g' x
A qualifying home must be registered in your and/or your/ S* |8 W$ g) b U" r# [: z& b
spouse’s or common-law partner’s name in accordance
! M6 H/ D* F* g/ O g( O. X$ ~with the applicable land registration system, and must be! Q( i: Y+ a" r$ m
located in Canada. It includes existing homes and homes
f+ h9 J- t/ Y5 e" M' |9 punder construction. The following are considered3 H$ ^8 W2 B( d# o
qualifying homes:- `" G. N7 [8 f$ F3 C& v
■ single-family houses;2 o3 d4 k6 i+ p5 I7 X
■ semi-detached houses;$ U; d& P% u, }% L: f8 h
■ townhouses;5 z/ b% B- m1 w6 o3 ~
■ mobile homes;, ]# H7 k8 h- x6 ]% g7 N3 X
■ condominium units; and: x! ^* S# s/ j) D. @
■ apartments in duplexes, triplexes, fourplexes, or" F+ G" Q5 t. g
apartment buildings., r$ Q# I7 F# m; s- L
Note' I* M& f* l1 h/ s+ t
A share in a co-operative housing corporation that
- T- F0 F8 `0 nentitles you to own and gives you an equity interest in a: u1 {* h* w/ q3 V* h b- k( o$ Z
housing unit located in Canada also qualifies. However,+ A! G7 ? L' m) C2 ~9 F% _! m1 I
a share that only gives you the right to tenancy in the/ s- \& k5 z- c$ m3 b7 _: ]
housing unit does not qualify.
: ^& k1 r3 L$ U* k( rYou must intend to occupy the home or you must intend5 V. o' r. G. J: ?6 X
that the related person with a disability occupy the home as0 ~* }% T* m" U3 J4 \3 F
a principal place of residence no later than one year after it8 e9 W0 f. ~! ?' a3 _6 x' C k" ^
is acquired.
# _# k# U3 |* C5 ^. g. ^The claim can be split between you and your spouse or
* K, Q) k* Q2 s0 |common-law partner, but the combined total cannot exceed# D1 j; {5 x1 \
$5,000.: Y( @2 z5 k3 Q) J
When more than one individual is entitled to the amount( T* P9 P* H" E
(for example, when two people jointly buy a home), the& K$ O) L* }8 w$ i8 x
total of all amounts claimed cannot exceed $5,000.
" {+ f& p) i8 Y9 ^. @Supporting documents – If you are filing electronically, or1 k/ G7 ` v! g# h( p! w
filing a paper return, do not send any documents. Keep all# r" a5 |& r- h/ S
your documents in case we ask to see them at a later date. |
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