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Please see the below detail:
6 J8 a2 K+ J3 `: R* u: gLine 369 – Home buyers’ amount; @! \2 @: E4 }7 L6 Q
You can claim an amount of $5,000 for the purchase of a7 {" B k1 E, |
qualifying home made in 2010, if both of the following
9 d& ~4 k* {! S9 W" w8 ?; J# wapply:
/ x: `; x" {9 ]1 p& }' _6 i& w■ you or your spouse or common-law partner acquired a6 H9 J! u$ `% i. C" V
qualifying home; and
( ~5 S; ^ \/ N" z1 E■ you did not live in another home owned by you or your2 N! ~8 K3 R: `% N
spouse or common-law partner in the year of acquisition
9 T4 e. o9 J7 w5 yor in any of the four preceding years (first-time! T+ _7 R7 R% k" L+ p& a9 x
home buyer).
! h, R+ o3 a7 ?4 y$ `8 cNote0 L% E- p$ B) C7 _. p
You do not have to be a first-time home buyer if you are" y8 T4 Y4 w( v3 `& P( T2 x; d
eligible for the disability amount or if you acquired the
+ G2 v V3 M' ~3 r0 h$ T1 chome for the benefit of a related person who is eligible
4 u. a" A& L) ?8 ~; \6 H! |for the disability amount. However, the purchase must! }0 F: k7 h4 N( |3 s3 |
be made to allow the person eligible for the disability# b$ j2 \2 I9 r: [1 K; o# L
amount to live in a home that is more accessible or better+ Q6 `% h2 B+ O4 N: X& @
suited to the needs of that person. For the purposes of
6 u+ J |# C# l4 Bthe home buyers’ amount, a person with a disability is
6 `5 X+ ]# u' g: qan individual who is eligible to claim a disability amount
0 i5 [: N O* e/ k0 qfor the year in which the home is acquired, or would be7 h5 ]! [- R# e( D' p5 k! c
eligible to claim a disability amount, if we do not take
, Z% F1 k- ` I4 @7 sinto account that costs for attendant care or care in a& `+ u8 g& O o6 Y3 i
nursing home were claimed as medical expenses on lines
0 @% B1 e6 c7 [330 or 331.
& q& z; F% u6 O$ n( t% e5 @, P9 _A qualifying home must be registered in your and/or your; m4 B: R6 k# x) c4 L: L' J
spouse’s or common-law partner’s name in accordance
) |& G0 R+ S) y5 vwith the applicable land registration system, and must be
$ Z4 ^# x( Y& d& Llocated in Canada. It includes existing homes and homes" r P }* d# S, N
under construction. The following are considered
7 Q5 B" `- e% Q: A# [3 m/ fqualifying homes:* x) r: ?8 f0 G& u# J- N
■ single-family houses;
/ k9 o; c6 ?, K% l* S/ a■ semi-detached houses;
/ `' | R0 j2 w# v! ^■ townhouses;; r& B3 l4 q+ G
■ mobile homes;$ }. Y4 s& y' Q8 H. |
■ condominium units; and2 H, q+ S& ]1 C6 J" r H- e2 B
■ apartments in duplexes, triplexes, fourplexes, or: I+ r: u$ g) x r" `( ^, }3 T. A
apartment buildings.+ H" U. N1 G8 I3 r
Note7 {6 h K& y; t8 c+ ^& `5 @+ J; m
A share in a co-operative housing corporation that
i+ F/ P6 c8 A3 B7 c* D4 Tentitles you to own and gives you an equity interest in a
1 n5 l4 B4 y& f8 B5 } B2 P8 ehousing unit located in Canada also qualifies. However,
' }4 d* U/ _( _: x- x) ]) f3 ?8 Da share that only gives you the right to tenancy in the3 [0 p- X" K5 Z1 k1 e2 V
housing unit does not qualify.( b1 e" S7 Y8 g9 y+ W- A& T
You must intend to occupy the home or you must intend
" _2 [1 M4 \5 G O: s' ~6 @that the related person with a disability occupy the home as x5 u; @% g1 a5 s5 G
a principal place of residence no later than one year after it. o$ Z, ^% Z. I' T) _
is acquired.
6 G3 O. \6 F( O& }2 r/ a" p EThe claim can be split between you and your spouse or' }5 k6 g# V' e
common-law partner, but the combined total cannot exceed7 t0 H. ]) M7 D
$5,000.$ a' G+ J% d% D* B5 D
When more than one individual is entitled to the amount
X0 T+ J- T. M* {! j3 e+ C(for example, when two people jointly buy a home), the9 B, o& }+ X5 n: Q6 N
total of all amounts claimed cannot exceed $5,000.
/ n2 X" d! y$ f* y, r' ySupporting documents – If you are filing electronically, or j/ [/ N0 U1 o7 {2 g/ [; E
filing a paper return, do not send any documents. Keep all
6 L7 N' G" R5 v6 ^' f% {. Y6 w, Fyour documents in case we ask to see them at a later date. |
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