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Please see the below detail:6 a4 g5 }6 U0 G p, M2 z9 u
Line 369 – Home buyers’ amount
7 p4 \- T/ `+ _* E, J5 NYou can claim an amount of $5,000 for the purchase of a
2 V" T9 s- f5 N1 d& Gqualifying home made in 2010, if both of the following0 p5 l$ V! R7 }! V, x
apply:) S& p1 C* B$ g# R
■ you or your spouse or common-law partner acquired a
/ i2 L; W! }, W S5 Uqualifying home; and8 \6 W+ ]5 U9 w* B1 f
■ you did not live in another home owned by you or your3 H5 e7 Q/ v. C( Y* S0 j
spouse or common-law partner in the year of acquisition' |7 v7 X& s" B3 Z+ Y
or in any of the four preceding years (first-time; x* s. B: z5 [6 C8 y
home buyer).
% ~1 } @1 @4 G+ k- ^. S) j9 {% R# N4 sNote
) m: I0 U9 ^( r2 ]$ `9 i+ j0 V: UYou do not have to be a first-time home buyer if you are
3 B( Y# d/ S9 q; G2 f! xeligible for the disability amount or if you acquired the6 ~" ]: Z: I! K' T0 W b
home for the benefit of a related person who is eligible
& R, N' i ]) {# e- h* _for the disability amount. However, the purchase must
+ M# T8 \" |2 i; n( a1 nbe made to allow the person eligible for the disability
* I6 ~5 [ }: F( Z+ Q( xamount to live in a home that is more accessible or better
$ @7 y1 U* Q. K0 r1 tsuited to the needs of that person. For the purposes of
! _) \! G6 ^+ N2 ^3 y0 sthe home buyers’ amount, a person with a disability is0 n: c7 L: F3 l1 a: @( T
an individual who is eligible to claim a disability amount
' Q- t" e$ I6 L% z5 q% U+ `, R( Qfor the year in which the home is acquired, or would be% ]: b0 n0 {3 a) p+ A5 O
eligible to claim a disability amount, if we do not take: Y; t7 M3 w7 x r" |- x+ P( a
into account that costs for attendant care or care in a
! [+ L. i3 f% y1 l' U9 j+ |nursing home were claimed as medical expenses on lines
! ]$ B% {% m x: F) H330 or 331.
7 z- r5 _3 E0 S2 P( R6 D- O4 nA qualifying home must be registered in your and/or your1 q5 c+ _1 M" Q) T0 _4 d' o
spouse’s or common-law partner’s name in accordance+ v! G$ q5 x3 }+ h6 ^0 ^
with the applicable land registration system, and must be$ e" }! A- t2 R) p
located in Canada. It includes existing homes and homes
3 `/ i; F9 ^3 B, y) u6 Runder construction. The following are considered' |; K/ o" q1 P: G B
qualifying homes:' E- u5 ^* H4 v2 ]; d- o; z
■ single-family houses;
# E" Z9 f! O3 V7 o■ semi-detached houses;& ?# O$ T. W; @( z9 _9 D* c
■ townhouses;
" |0 q9 g: R0 `" l■ mobile homes;8 K \4 s# p% l( u7 m
■ condominium units; and
. Q; Y# o9 E, z3 N■ apartments in duplexes, triplexes, fourplexes, or
- ^$ ~) _8 w0 v3 B9 xapartment buildings.) a4 E. `# b* A" d% G+ d
Note
, \) R, y- K: l0 ~7 O- ]A share in a co-operative housing corporation that0 ]0 |/ Z3 Y: c0 D; [
entitles you to own and gives you an equity interest in a Z! |5 |2 i: G! q- r+ G
housing unit located in Canada also qualifies. However,
% o) @5 H7 `) ^; v% O& s3 L ra share that only gives you the right to tenancy in the
/ a* L1 f- n: N* p% Ahousing unit does not qualify.
2 h$ J2 b2 y" l4 z* RYou must intend to occupy the home or you must intend
1 E. N8 X. h c' O3 x& wthat the related person with a disability occupy the home as
, [8 f0 ~$ W3 O7 U/ ~a principal place of residence no later than one year after it8 \* ~! b, t% W
is acquired.
& G; M: b) f: g2 _7 j. w6 cThe claim can be split between you and your spouse or
F+ @$ ^) G( X- J7 e* fcommon-law partner, but the combined total cannot exceed
4 D `' M+ g6 S W" }' T$5,000.
1 u* Y8 A& | B2 |# ]6 h4 B( aWhen more than one individual is entitled to the amount3 w L \/ ^! U- s" ]% R: B# U$ J3 }4 n
(for example, when two people jointly buy a home), the/ p$ G$ ^: c* y D
total of all amounts claimed cannot exceed $5,000., x- v- M" ~7 J! [
Supporting documents – If you are filing electronically, or$ K) j( c* b8 S, g1 H& `
filing a paper return, do not send any documents. Keep all
$ `4 a2 u3 _4 `% s; ?( Qyour documents in case we ask to see them at a later date. |
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