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Please see the below detail:
( ], O6 {* I0 e4 z9 }! [/ R, ]Line 369 – Home buyers’ amount. G( d: @2 p, ]/ o
You can claim an amount of $5,000 for the purchase of a6 r! \8 E$ t; F
qualifying home made in 2010, if both of the following
8 f' |0 h# A/ I1 Capply:
$ W5 r( L( c: W8 U% d6 ^■ you or your spouse or common-law partner acquired a
! z2 ^7 w z0 ]' U0 dqualifying home; and! j. J& [4 r2 b+ b0 ^
■ you did not live in another home owned by you or your! W0 }1 {5 s8 ^1 E5 r @2 _
spouse or common-law partner in the year of acquisition. W7 e$ s9 K" I) f- H* B
or in any of the four preceding years (first-time
/ ^, u$ a$ a6 i0 ?home buyer).9 l c0 k) ^7 V# q" a. T
Note% P- F3 r) K0 q
You do not have to be a first-time home buyer if you are
$ _: a0 l8 I/ U) U# seligible for the disability amount or if you acquired the
) }: \0 C5 O5 l, Thome for the benefit of a related person who is eligible
' G4 {$ Q9 t7 V |: `( Lfor the disability amount. However, the purchase must
% ~. m+ ]$ R, L7 C+ ?! d7 I; fbe made to allow the person eligible for the disability+ \7 X" t: B5 E' f) a% Y& A
amount to live in a home that is more accessible or better3 ]- I7 x* t# l/ H a. ^4 {
suited to the needs of that person. For the purposes of" m+ p2 \# a$ t7 H& h
the home buyers’ amount, a person with a disability is, V1 a& g' B" A! v8 n
an individual who is eligible to claim a disability amount
0 b1 B1 [% m; w$ z+ f* Xfor the year in which the home is acquired, or would be& F3 Z+ B3 T* P) ]0 K: C
eligible to claim a disability amount, if we do not take6 @: J6 y( D2 L8 a! x% U
into account that costs for attendant care or care in a1 R# D4 ]1 M+ u. a; }6 u
nursing home were claimed as medical expenses on lines) F' b* y" a0 [1 p! C! Z" I
330 or 331.( D; o9 ~ p2 w. c0 a! W* g+ S
A qualifying home must be registered in your and/or your( z7 Q: k9 m$ I/ H: s- D) @5 | z
spouse’s or common-law partner’s name in accordance
. s) u1 C7 k5 |/ U1 e) qwith the applicable land registration system, and must be
7 [2 `% }& b' B: h. o( Hlocated in Canada. It includes existing homes and homes
+ P" `- n( F Tunder construction. The following are considered& @" `5 H3 B/ K4 v: c" [" \
qualifying homes:+ W- J% G. [5 u/ c
■ single-family houses;7 i& ^' e3 D1 W6 d, i& k5 P" \& a
■ semi-detached houses;9 O( Z4 z0 P6 J' d5 j5 K2 n- C# z
■ townhouses;! _! ^* a9 |- [* l/ s
■ mobile homes;4 F% D/ o1 L; O
■ condominium units; and
2 s; `$ s/ A$ D0 L1 ?7 a! Q■ apartments in duplexes, triplexes, fourplexes, or
8 M4 K- q& {: W: a o" ~apartment buildings. R' }" `) Z7 Z4 `$ P
Note
- Z5 `+ c) Y4 Y3 F! AA share in a co-operative housing corporation that
- R! c# z5 { w3 A) Dentitles you to own and gives you an equity interest in a
: C4 r. f. D7 P* Zhousing unit located in Canada also qualifies. However,- E! `8 M; v1 } h) U
a share that only gives you the right to tenancy in the& T8 F- X- b& y5 k
housing unit does not qualify.0 k: L5 u0 v" g f0 F- \/ P
You must intend to occupy the home or you must intend& U$ r1 G* ~8 s, e" n$ O" ?
that the related person with a disability occupy the home as& X1 Z& y# m: n3 e
a principal place of residence no later than one year after it
1 ~6 D( r- }6 e' ^is acquired.
* h2 h$ ^: h* F% OThe claim can be split between you and your spouse or
$ x' b& z& p" v. @- g. `( R. Zcommon-law partner, but the combined total cannot exceed
+ x: K9 Q+ {/ ~$5,000.9 X# r, y$ `3 S) ?4 [) N6 r- U/ I
When more than one individual is entitled to the amount
3 y$ b U, B2 @& K( Y(for example, when two people jointly buy a home), the) K, [* y! L5 @3 `
total of all amounts claimed cannot exceed $5,000.8 P" X- J, S* k$ ^' I# m5 j6 k
Supporting documents – If you are filing electronically, or, }/ G- Z2 v! O+ P b4 f/ I: }3 P
filing a paper return, do not send any documents. Keep all O/ ~4 i6 S/ F$ `# m1 p5 _
your documents in case we ask to see them at a later date. |
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