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Please see the below detail:/ f! m$ m+ ]' \. c
Line 369 – Home buyers’ amount) B8 P0 d: s s7 w9 r& J% a, h
You can claim an amount of $5,000 for the purchase of a9 F% {2 Y- k9 o( V2 c" d
qualifying home made in 2010, if both of the following
; e/ }5 q+ w& Uapply:
6 \5 C* h$ H" \0 T2 I% w3 o% x' J. Z■ you or your spouse or common-law partner acquired a
) Z% z" K% U: C& yqualifying home; and
1 U) d& u7 ^3 M0 _■ you did not live in another home owned by you or your4 `2 @0 d! R( L& J$ c- x+ }0 D
spouse or common-law partner in the year of acquisition. P2 [% b& W a% ~
or in any of the four preceding years (first-time
% }, Z8 S* h( H% _' @, ehome buyer).
7 Z) D. e2 C" R1 @Note! x! t/ K2 |' R# b+ f
You do not have to be a first-time home buyer if you are" x! X, `7 p' i& w$ k/ A3 G7 j. ]" T _
eligible for the disability amount or if you acquired the
4 B* u: k; N5 _6 O- ^( u7 ~5 ehome for the benefit of a related person who is eligible! R, j8 U& X6 {1 D% Z Y$ c
for the disability amount. However, the purchase must
' {0 L) ~2 E6 X2 Kbe made to allow the person eligible for the disability
: ?$ A1 C; |0 Z$ f1 samount to live in a home that is more accessible or better) C2 W& _7 j/ [
suited to the needs of that person. For the purposes of0 `9 J, \% z. p9 ?( ~' E
the home buyers’ amount, a person with a disability is7 S( e# D- z9 H! C! v# w: W1 S9 ^# |
an individual who is eligible to claim a disability amount
8 E9 n- c% G" X/ b6 n7 u7 X7 gfor the year in which the home is acquired, or would be
; ]9 G! P0 X1 deligible to claim a disability amount, if we do not take
9 O6 A% I9 l9 X) \2 ?; Tinto account that costs for attendant care or care in a2 M! `+ A3 ]% [
nursing home were claimed as medical expenses on lines- J6 c" f/ {, v) e$ b
330 or 331.
) _. h5 |- m, i# t9 T, j, i. x7 Z1 IA qualifying home must be registered in your and/or your
% s! ^; p1 i$ Uspouse’s or common-law partner’s name in accordance. H( n* x+ x9 Z7 k
with the applicable land registration system, and must be _" E6 ?! m) Z" @8 s) a1 u, x
located in Canada. It includes existing homes and homes$ w7 p0 a1 c c( x4 K' B) j
under construction. The following are considered) m# d( Y$ E$ j$ L- u, `
qualifying homes:2 |' V6 e& D1 p
■ single-family houses;
" k( | U( h; ?5 t) q■ semi-detached houses;
- O9 ~+ s$ i, x4 O■ townhouses;% W4 B# ]: p |0 M
■ mobile homes;
1 s) X. ]- b) Y* Y3 p3 \( K■ condominium units; and
) L" s) M3 K* W' o# v* h■ apartments in duplexes, triplexes, fourplexes, or
. P3 k! U+ I) ?/ P# F+ n! {apartment buildings.
. V$ O# u5 J1 [0 fNote# a$ `1 M' Y! i, ?
A share in a co-operative housing corporation that$ _+ Z' M2 U- ?$ y; l
entitles you to own and gives you an equity interest in a
/ k% V# ^$ t/ _% J% chousing unit located in Canada also qualifies. However," u E# \4 v& D1 s1 d. S8 E
a share that only gives you the right to tenancy in the0 H0 B; ?* d8 _- \: r
housing unit does not qualify.5 h* f, u3 @2 N5 _- }3 e" y1 K4 Z
You must intend to occupy the home or you must intend" a1 ~$ i6 ~8 ]5 N7 x
that the related person with a disability occupy the home as8 @4 Y& N. ~' U+ s" i' k3 L3 g. j
a principal place of residence no later than one year after it
+ X( w& S2 z8 L7 }9 P3 xis acquired.2 y' K3 l/ V+ b' s& v$ c0 `. p: S
The claim can be split between you and your spouse or
9 l6 A( P* q* s0 d) Lcommon-law partner, but the combined total cannot exceed; N) B2 I0 K7 B h% W3 g
$5,000.
3 t. |8 a$ ~9 Z! S7 kWhen more than one individual is entitled to the amount
) L2 R8 n R3 L(for example, when two people jointly buy a home), the5 J: E& y, S4 W+ [: G2 `$ \
total of all amounts claimed cannot exceed $5,000.
* Y4 u* t9 D2 P' v% DSupporting documents – If you are filing electronically, or) u8 ^5 p) {' e H8 R h! N* }
filing a paper return, do not send any documents. Keep all
* g% r( C2 @0 W8 ^' e- |$ ?, Hyour documents in case we ask to see them at a later date. |
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