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Please see the below detail:
: @: W& }2 ]5 x" _6 _Line 369 – Home buyers’ amount0 f2 c0 n% |! n# C" ]% {1 T
You can claim an amount of $5,000 for the purchase of a. _: J# q" W4 s/ K- a
qualifying home made in 2010, if both of the following: z' a+ {( ?8 q& W# q
apply:8 z; o( n; s- u, h9 @/ U$ m2 g% ?
■ you or your spouse or common-law partner acquired a
& Z6 J {( `4 `1 {+ iqualifying home; and
6 G5 G5 W: S E6 K$ K$ `( o0 j5 O■ you did not live in another home owned by you or your
5 F. n' X6 v$ b/ U( x# j3 yspouse or common-law partner in the year of acquisition5 |7 I3 f: g5 p' I: l( m
or in any of the four preceding years (first-time( [ R) z3 V7 u }% D' Q% Z0 M
home buyer).. \& c/ f. _. m
Note
4 N& _. ~+ a1 c* N4 i& h a7 M3 P/ I4 YYou do not have to be a first-time home buyer if you are" H. V8 @. W% q5 K7 ~ L
eligible for the disability amount or if you acquired the4 R0 F3 s+ V4 c5 ^; [$ k0 \6 o' R( U
home for the benefit of a related person who is eligible. f. B. E$ _* ^. c6 n, |
for the disability amount. However, the purchase must
; z3 @! v& F3 F3 fbe made to allow the person eligible for the disability M' T* [ Y# ?. R& a3 I2 B* c
amount to live in a home that is more accessible or better1 U5 Z% n! y" \- E
suited to the needs of that person. For the purposes of
2 G9 X |2 s$ dthe home buyers’ amount, a person with a disability is1 C* v* u9 G9 o' A# e5 W0 M; U
an individual who is eligible to claim a disability amount# E: H3 C* O( f0 c( R3 R
for the year in which the home is acquired, or would be) H, ?. F) R/ y
eligible to claim a disability amount, if we do not take
& L L3 k3 s& linto account that costs for attendant care or care in a; y* O `9 K* s, s
nursing home were claimed as medical expenses on lines
) [' h; ^8 x9 _330 or 331.
. ]( A! y; W' g0 y0 BA qualifying home must be registered in your and/or your9 n" s" u$ \( t4 F" n
spouse’s or common-law partner’s name in accordance
; E T( e( ]2 r* R, Iwith the applicable land registration system, and must be/ W4 s! t* ^) B. I
located in Canada. It includes existing homes and homes
3 f1 ^6 X' k+ t- ?3 m- _under construction. The following are considered
( h# Y7 @% r9 R4 Qqualifying homes:
* g' Z/ s' I; F/ z$ X# \- a6 [■ single-family houses;0 J' d5 h% q7 Y: k( F0 Z) |
■ semi-detached houses;
3 g' m/ ~( g- K7 D■ townhouses;' f g% v8 q: N, }
■ mobile homes;5 B3 }4 D% G% h; d) X0 e
■ condominium units; and1 O. b% ?; S! f8 i* N+ Y+ S
■ apartments in duplexes, triplexes, fourplexes, or: I( {" {2 y$ I, q+ W$ ~9 t8 ]
apartment buildings.
1 Z. l' w* V' b) F1 Q% k; cNote( T- _/ \# m9 H3 }' ?' a
A share in a co-operative housing corporation that$ S* q7 E3 z( o" ?9 Y$ ]
entitles you to own and gives you an equity interest in a1 H8 \5 _7 j# `% d# y& @5 [
housing unit located in Canada also qualifies. However,
* E# A0 S" } u4 |+ y6 y7 ua share that only gives you the right to tenancy in the
* b$ o) m$ b f, U whousing unit does not qualify.+ J3 I8 o: G3 Q5 D1 O' ?
You must intend to occupy the home or you must intend. y4 H1 q0 L5 ` r0 J% h
that the related person with a disability occupy the home as
0 A" M! z6 o) j" N) Y/ Aa principal place of residence no later than one year after it
5 b/ `4 i0 q% V! bis acquired.6 Y/ Y K1 }# M. r
The claim can be split between you and your spouse or3 R$ x) K. y4 z0 I) f" R
common-law partner, but the combined total cannot exceed; p. X: u3 U$ {! E
$5,000. f6 a4 i- T, Y
When more than one individual is entitled to the amount% _: K$ h: P* \0 @
(for example, when two people jointly buy a home), the
& P. j6 f7 j# E2 e' h/ H% E, Ototal of all amounts claimed cannot exceed $5,000.2 h2 i! ^5 h$ `9 M. I0 Z
Supporting documents – If you are filing electronically, or: i9 i0 _" {7 B5 b+ S8 B
filing a paper return, do not send any documents. Keep all
7 c9 e( g- x" q9 |your documents in case we ask to see them at a later date. |
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