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Please see the below detail:# v i0 P$ O; @8 W: G' P
Line 369 – Home buyers’ amount+ w; ]3 L6 W4 [6 p4 a+ m
You can claim an amount of $5,000 for the purchase of a
0 Z+ ?+ ~' j3 A6 n0 Hqualifying home made in 2010, if both of the following
5 ?7 Z( ?0 Y* T& sapply:) @3 ]* e( q" r9 k1 }
■ you or your spouse or common-law partner acquired a
4 z& w$ e5 {# \qualifying home; and
. ?* @& n+ ]; i( i■ you did not live in another home owned by you or your
: F& r Y% Q; Jspouse or common-law partner in the year of acquisition
! j. Q' j$ m4 C6 m" |5 Z# Xor in any of the four preceding years (first-time
, z9 h4 l9 _8 A; a9 r0 {0 `# Yhome buyer).0 [% g" I7 U8 {
Note3 q! r7 H4 @6 n1 ~' D
You do not have to be a first-time home buyer if you are, \8 z5 a0 J9 x: ]* m/ D6 r
eligible for the disability amount or if you acquired the
4 Q' w" l7 p; Ehome for the benefit of a related person who is eligible
. Q4 i7 A4 Q1 w' ` L3 I& m4 afor the disability amount. However, the purchase must7 @; _$ j- j0 T: L
be made to allow the person eligible for the disability3 R+ H2 T1 Y* g4 r# G& X" N
amount to live in a home that is more accessible or better
: F, M; ^" [" M, d# b+ X* msuited to the needs of that person. For the purposes of3 U- h. ~+ R! U0 s x5 I4 X F j
the home buyers’ amount, a person with a disability is8 |1 u9 ]" l; O; y/ _
an individual who is eligible to claim a disability amount* L8 i7 ^) }/ a7 q
for the year in which the home is acquired, or would be
$ I: s4 F; K8 K: Y8 S* i* neligible to claim a disability amount, if we do not take' ]! \$ k6 @8 H- n, A
into account that costs for attendant care or care in a1 Z4 m( E0 k' q1 J' x# y4 Z* b
nursing home were claimed as medical expenses on lines
7 r8 M |, q/ j4 Q330 or 331.
' q1 V1 s( U2 E6 T9 s0 ~A qualifying home must be registered in your and/or your7 H0 _- h5 A5 |3 T) e. G& z
spouse’s or common-law partner’s name in accordance! _( `) y A. K3 v9 o9 f
with the applicable land registration system, and must be
! h* |. Q' W7 n0 d- P0 p3 ~; c; Vlocated in Canada. It includes existing homes and homes
; {& k( r: v R/ s K- [# Eunder construction. The following are considered
* b: K+ H9 P7 m; `$ uqualifying homes:
9 ] u# U- I: x/ f7 j$ E7 `■ single-family houses;
7 A) B# w* q2 _: y■ semi-detached houses;' I. t/ }! M. k$ L+ ?; b
■ townhouses;4 o1 t4 w3 z+ N' O% A4 u8 {! Y6 E
■ mobile homes;
9 J5 R" h( L. ]+ n■ condominium units; and
2 O! y% {4 Q- P [■ apartments in duplexes, triplexes, fourplexes, or- i; D# w. B$ i! g0 ^
apartment buildings.; v2 y7 g% r! `% u) t
Note
- H6 [0 m. r, _ r' A+ GA share in a co-operative housing corporation that/ C; s2 t. C& b- E
entitles you to own and gives you an equity interest in a1 [5 F! u4 ^, I( ]6 A: n" q
housing unit located in Canada also qualifies. However,
: s: ~1 F- ?" V/ l0 Ua share that only gives you the right to tenancy in the3 G; `( [8 k- d) ?
housing unit does not qualify.6 I) j/ _9 j# m2 G$ g
You must intend to occupy the home or you must intend
/ O% f& f9 ^3 a# t, b6 d/ f" ]that the related person with a disability occupy the home as
; Y: j5 g, f3 C2 la principal place of residence no later than one year after it+ d5 ~% W5 d) x Q$ R8 J$ W c
is acquired.6 n' C" I c5 ?9 Q1 E
The claim can be split between you and your spouse or
3 y# n' [- a$ t. m+ Fcommon-law partner, but the combined total cannot exceed
2 n5 @0 F3 w% Z( C' r1 t, ^2 h2 S$5,000.
. A+ j* \; l) d0 _8 tWhen more than one individual is entitled to the amount
7 Z, M/ ^$ D* I( `) q4 K. d- [(for example, when two people jointly buy a home), the
, z; E8 T% R. Z$ s6 s1 | U: u" ltotal of all amounts claimed cannot exceed $5,000.: m# P Z0 w! i. d0 N3 l' U$ X- T
Supporting documents – If you are filing electronically, or, c8 H* t' M1 ~7 _0 q+ u
filing a paper return, do not send any documents. Keep all
: m. P, T( j% H7 ayour documents in case we ask to see them at a later date. |
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