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Please see the below detail:
* T) P; \ D* a' s9 X' b7 OLine 369 – Home buyers’ amount; |6 s6 Q7 ~! `" |+ }
You can claim an amount of $5,000 for the purchase of a! q% C# E& s2 l1 X' N* Y! Z
qualifying home made in 2010, if both of the following
" y( v3 n V) z7 r0 \5 U/ {apply:2 J$ J P3 O9 g- K: B C
■ you or your spouse or common-law partner acquired a9 s. t! R' X/ ?% r: N
qualifying home; and
6 n% v4 J- E2 c, V1 c, Z■ you did not live in another home owned by you or your$ E" |; L5 \9 i- G$ L
spouse or common-law partner in the year of acquisition% C8 I1 r. R2 }- c- B/ D% B+ A
or in any of the four preceding years (first-time
& Q ~* N! D4 {" }! Bhome buyer).
, g0 z. ^7 ?- r0 C8 HNote
, l: m( U3 w) H$ F/ T& r' J3 SYou do not have to be a first-time home buyer if you are+ ~3 `* q8 u A8 V1 K
eligible for the disability amount or if you acquired the
& n O$ Z$ R) v; T+ Shome for the benefit of a related person who is eligible
7 N/ r, |8 u$ efor the disability amount. However, the purchase must
- J; j; N q: S1 G2 X3 G Lbe made to allow the person eligible for the disability/ t; Y$ W1 D K6 O! S) J- ]
amount to live in a home that is more accessible or better( p5 a. h1 C9 q2 i7 b& {, F
suited to the needs of that person. For the purposes of
& U% F( f% U: G" Ethe home buyers’ amount, a person with a disability is
- h' r/ o- s$ b/ Fan individual who is eligible to claim a disability amount3 I' b8 o8 d) R# d! C( X
for the year in which the home is acquired, or would be: N- }' m( o+ c+ D1 s; v
eligible to claim a disability amount, if we do not take" Z M6 _ R* J6 P5 _3 r
into account that costs for attendant care or care in a) T3 s% x+ M. g* O9 O" Y
nursing home were claimed as medical expenses on lines
0 Y0 y& S- Y3 s* h- ?$ d330 or 331.4 o) u0 V7 H7 b" x
A qualifying home must be registered in your and/or your
2 w I/ @! |; a( N, _! J8 U& `+ `spouse’s or common-law partner’s name in accordance7 f7 k J6 }* F" ?6 f
with the applicable land registration system, and must be
3 w, Z( k* |2 I$ p; k3 N/ d; Nlocated in Canada. It includes existing homes and homes
" I1 z( Z2 L# @ t' Vunder construction. The following are considered0 z) B4 ?9 m0 Z' p4 l* c
qualifying homes:
+ R; }7 R' }, W) C1 c- A■ single-family houses;: Y3 m, P# _ f
■ semi-detached houses;
& t; k" x( C+ V5 B■ townhouses;' @' X6 G+ H% R8 M/ u% y$ B1 C7 y
■ mobile homes;
4 P' a( }: G8 U" B5 v! T7 y/ _■ condominium units; and( t: W; A: I8 ~& D% C4 j
■ apartments in duplexes, triplexes, fourplexes, or' V! J/ w' ^- Z" b: E$ U
apartment buildings.8 [% ^7 P9 a0 H
Note
. |; R7 u1 R2 x1 @4 Q+ j) UA share in a co-operative housing corporation that0 o8 a# M: `, z/ @: k$ e
entitles you to own and gives you an equity interest in a
5 k* G, v& A# E+ B2 l! ohousing unit located in Canada also qualifies. However,8 z; U# v- M& M& N
a share that only gives you the right to tenancy in the0 l6 i" E/ t5 ^& i5 U$ R
housing unit does not qualify.
' t8 j: G$ t: ^: |' } P" {You must intend to occupy the home or you must intend
+ Q: G. H7 x- F- C) U! L; `that the related person with a disability occupy the home as
- @' E4 g/ S$ G z* |2 m- xa principal place of residence no later than one year after it
7 N$ u$ r: z/ o" d$ q8 Eis acquired.
5 v5 ?" r8 w! K7 {; bThe claim can be split between you and your spouse or
5 Y% S+ w( b- wcommon-law partner, but the combined total cannot exceed
7 o& H4 E% v( I9 w$5,000.
! k6 Q& D7 P h' a2 sWhen more than one individual is entitled to the amount) \- Z2 o5 X% k6 Y
(for example, when two people jointly buy a home), the: V0 V) _# W4 @" y" V9 E
total of all amounts claimed cannot exceed $5,000.. \) N9 x( A% x; ~2 V
Supporting documents – If you are filing electronically, or! K8 n5 D5 r7 v
filing a paper return, do not send any documents. Keep all" `* n: ]: d+ u' K5 U/ a
your documents in case we ask to see them at a later date. |
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