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Please see the below detail:& b, u/ k/ \# y/ q5 e
Line 369 – Home buyers’ amount
( w7 R0 p, v5 Q! oYou can claim an amount of $5,000 for the purchase of a- B m" f8 s- n7 X8 {& H4 V
qualifying home made in 2010, if both of the following
* E" ~- U! u8 E2 `9 a3 happly:* l# b3 l% \! T, E; w- j
■ you or your spouse or common-law partner acquired a
) G1 U7 x* W( @) C) O! Bqualifying home; and0 v8 z4 _. }+ g8 e
■ you did not live in another home owned by you or your. @/ ?' P) G) x- ]1 u- {- _
spouse or common-law partner in the year of acquisition
: G; I8 B8 k9 Y: qor in any of the four preceding years (first-time
+ B& N& `3 O# k" E( y, ~home buyer).
J2 U- Z8 x: }; _2 eNote5 `! _( E- K2 g Q# r4 b5 R2 q
You do not have to be a first-time home buyer if you are/ r+ o0 \% @1 }. h% l6 [
eligible for the disability amount or if you acquired the
& n7 N3 g$ `8 R5 q' V1 ?0 P: _home for the benefit of a related person who is eligible6 }- }# R0 j7 i0 r/ s2 _
for the disability amount. However, the purchase must& a. o. e+ |/ o$ \
be made to allow the person eligible for the disability3 k6 n3 {9 O0 {0 Q. U& y
amount to live in a home that is more accessible or better9 b2 K# e& y. U, e- M* `. n2 T
suited to the needs of that person. For the purposes of
7 y0 ]. L/ w' }+ othe home buyers’ amount, a person with a disability is
- z* B$ Z0 z$ q' g9 aan individual who is eligible to claim a disability amount2 M* i) D; ~2 t6 i
for the year in which the home is acquired, or would be
4 ?+ A5 {8 t( P2 k2 feligible to claim a disability amount, if we do not take9 t1 s5 U3 \8 X" q( s/ j
into account that costs for attendant care or care in a+ o2 I9 b$ e" C+ b
nursing home were claimed as medical expenses on lines
$ o/ i% d3 {$ z. P5 I0 q8 g; |330 or 331.
7 h/ v9 Z7 z5 W: YA qualifying home must be registered in your and/or your6 t+ H2 \3 `. d, o' a$ O0 J1 ?3 d
spouse’s or common-law partner’s name in accordance4 d8 r' E8 y6 l# n+ E. n
with the applicable land registration system, and must be: }0 O8 h5 v; m/ _3 s
located in Canada. It includes existing homes and homes
: g$ T- P7 G5 X# o) q8 xunder construction. The following are considered; J9 q7 a" m" y0 R' Q* d5 @
qualifying homes:8 y- p5 q1 A8 [9 J
■ single-family houses;: p/ ~- [+ H4 B/ Y
■ semi-detached houses;$ R" b! A7 ?0 U% O% `/ J8 h
■ townhouses;
# [* U: n) J8 }■ mobile homes;5 V& G) L% J8 ] I6 ^' C( _ `
■ condominium units; and! X( i: D2 M, Z# P/ [: v
■ apartments in duplexes, triplexes, fourplexes, or
( c' k: z, I+ h2 r. e8 H; e) y3 zapartment buildings.
+ h [" w$ y8 n7 N) x- tNote+ U/ ^0 y. h; s$ t, Z5 ?
A share in a co-operative housing corporation that
3 r! t Z6 I c% h* `5 lentitles you to own and gives you an equity interest in a! u' p* F% I3 V# L7 p
housing unit located in Canada also qualifies. However,7 Z# K# ?* a$ i+ D; L" i1 E% A
a share that only gives you the right to tenancy in the
$ c4 i; T m- @/ ehousing unit does not qualify.7 d3 I8 k+ r+ y- [1 `7 l. ~
You must intend to occupy the home or you must intend2 ]. L& c4 I' H, N
that the related person with a disability occupy the home as
' A. a n7 n6 b1 f3 C% q: l$ E4 Pa principal place of residence no later than one year after it
" @/ W8 ?3 t/ e$ lis acquired.
# H9 d; T! W1 r2 }The claim can be split between you and your spouse or
; s/ B" z h, q' U; I( _common-law partner, but the combined total cannot exceed/ i3 e/ {$ m$ r% a4 R7 M2 K8 e
$5,000. Y) u8 A5 U7 P4 Z
When more than one individual is entitled to the amount2 X! U8 B+ }/ I( f" Y9 L! z/ O7 H
(for example, when two people jointly buy a home), the, j6 x9 Z$ X, F3 d4 o( J
total of all amounts claimed cannot exceed $5,000.% Y: Z# k# ]% M1 Y" T3 n. _' e
Supporting documents – If you are filing electronically, or9 _8 j3 @; e% I V' C9 z
filing a paper return, do not send any documents. Keep all
- @2 X0 J' `* e4 J2 c$ |# Syour documents in case we ask to see them at a later date. |
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