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Please see the below detail:1 F9 ?/ r* b" I' ^# Q$ O4 L
Line 369 – Home buyers’ amount# W, t3 H( u9 ^+ L: k/ e c
You can claim an amount of $5,000 for the purchase of a7 h; \7 L# n: u
qualifying home made in 2010, if both of the following
1 h$ N1 V8 W% C% p1 u0 dapply:& H$ Y! E; @+ D; u+ g& \
■ you or your spouse or common-law partner acquired a2 R. [) a. Z+ U7 l9 d+ M
qualifying home; and
- X/ q R5 c+ i; S' i7 R■ you did not live in another home owned by you or your0 a( n* W' t3 B, t5 J1 j* M
spouse or common-law partner in the year of acquisition
- l" ]7 Q6 \. a( O- y, Hor in any of the four preceding years (first-time
+ x4 k1 f4 e* {% B0 Vhome buyer).- @& V6 {( ~* h
Note
1 b" O: F! w% n$ B8 B( gYou do not have to be a first-time home buyer if you are# o2 a5 O. [% d+ |
eligible for the disability amount or if you acquired the! s a( g5 w5 E- z: g
home for the benefit of a related person who is eligible* @7 [# F9 w) l4 \. C
for the disability amount. However, the purchase must
$ x7 G9 _8 P3 b2 ~7 qbe made to allow the person eligible for the disability4 }) |. v7 s0 V5 v
amount to live in a home that is more accessible or better( _+ r% N' \& [( |& K; P# I9 w& d
suited to the needs of that person. For the purposes of
4 t2 H% Y" g2 `( r% J$ Nthe home buyers’ amount, a person with a disability is6 {+ v& ~; K1 ~9 L0 J& d
an individual who is eligible to claim a disability amount
! W; ]- i/ g$ n! G$ dfor the year in which the home is acquired, or would be; C7 J( P* B) {# y1 e6 U ?
eligible to claim a disability amount, if we do not take
) m4 s, ^2 j( i: j5 N, U+ X" K! [) m. c; Linto account that costs for attendant care or care in a
% O/ S# ^7 g7 ?3 M3 p7 h$ @( ?3 t, Knursing home were claimed as medical expenses on lines
8 l+ z/ m: G& I; L" U7 ~330 or 331.
- h# q, [: s0 Q% V1 Y1 @A qualifying home must be registered in your and/or your! j6 f. N" B& {1 \
spouse’s or common-law partner’s name in accordance
$ A5 Y$ k' _: {% C* Y( gwith the applicable land registration system, and must be
5 T& `7 O! B* A, _% ~* ]located in Canada. It includes existing homes and homes
j6 x, Q5 r k0 lunder construction. The following are considered6 T! S0 V x. [+ _, I
qualifying homes:; l2 J* H/ V# t4 Q8 ^( w4 A8 w
■ single-family houses;% @+ f9 m: i) C) V
■ semi-detached houses;
- |: h0 R' c& W( C■ townhouses;
, f9 w6 T# m6 ~■ mobile homes;
) M* Z# P* ^8 B, U% `■ condominium units; and
" v# D7 z1 l. M( i# n; H8 f6 L■ apartments in duplexes, triplexes, fourplexes, or
: a' o o1 j% Y& t" G( xapartment buildings.
7 s$ @: \, Q; ~9 m" S' iNote
7 f. W3 L$ w9 x5 r! V2 m# w( `A share in a co-operative housing corporation that) p' G1 S1 F6 s
entitles you to own and gives you an equity interest in a
3 ?0 z" G. F* }& nhousing unit located in Canada also qualifies. However,4 [ i5 |* b2 O D) N( L
a share that only gives you the right to tenancy in the' V& n, I/ |: k! \! k& a7 ^% N
housing unit does not qualify.
0 l# y3 F; D4 mYou must intend to occupy the home or you must intend
5 d; s$ [8 {& g* H) M8 M& ~( Cthat the related person with a disability occupy the home as3 A- e# z8 p! |1 B) K
a principal place of residence no later than one year after it
( L7 G2 `9 W0 f5 O8 Tis acquired.% y3 U6 y$ f: s: ^' z
The claim can be split between you and your spouse or
) n5 m* D' e3 c( k2 ycommon-law partner, but the combined total cannot exceed0 t" h5 ^7 x7 A) S3 g
$5,000.+ M; S7 w/ p! x, X
When more than one individual is entitled to the amount
6 X7 l& {2 t: [ X; x' C0 ~4 A(for example, when two people jointly buy a home), the
% w, r2 m0 H+ B+ D3 btotal of all amounts claimed cannot exceed $5,000.
( F' l& q, u0 b s* l% wSupporting documents – If you are filing electronically, or q! |3 B; {& F( \, T
filing a paper return, do not send any documents. Keep all
/ a# q# W4 a$ G$ R( b4 g+ fyour documents in case we ask to see them at a later date. |
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