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Please see the below detail:
! k! ^" T0 f& ~- f0 fLine 369 – Home buyers’ amount) B2 {/ k1 d4 W. E: W
You can claim an amount of $5,000 for the purchase of a& Q6 Y/ f$ O3 Y* j, h8 N" a4 A
qualifying home made in 2010, if both of the following: A8 G0 C! V ]& o
apply:
1 w" g _) R( t6 I! U1 S/ b: ~■ you or your spouse or common-law partner acquired a) F' E2 Y4 r! N( W3 E# d0 o
qualifying home; and( H1 Z" s- w U# M* `
■ you did not live in another home owned by you or your
* E4 g! `0 s: Z- @" D1 Q4 Y& R4 hspouse or common-law partner in the year of acquisition) F& }1 z8 w8 u6 T) Y) t
or in any of the four preceding years (first-time
E" R3 f- _3 \4 Ghome buyer).6 U1 ~# b# G7 w6 \( A
Note j0 e5 x" s9 z9 Z
You do not have to be a first-time home buyer if you are, ?% {+ ^. w9 _* O, M
eligible for the disability amount or if you acquired the' }2 X7 u7 V7 P. {9 v
home for the benefit of a related person who is eligible
& E, u7 N2 z( z. U" W5 Q1 c, [for the disability amount. However, the purchase must
. K. l3 S! g# x, y8 N- D- vbe made to allow the person eligible for the disability1 \& T5 K# H9 g% C6 A- |9 Q; }% m
amount to live in a home that is more accessible or better7 q ^5 u( K5 V; E( ~0 G
suited to the needs of that person. For the purposes of1 h/ [$ x$ ^# u; B2 @' E! R
the home buyers’ amount, a person with a disability is
) O0 t v% x3 x$ s4 C, p0 Pan individual who is eligible to claim a disability amount
: l, {/ a+ E% K! x' X0 l4 W l$ F1 pfor the year in which the home is acquired, or would be6 ]" w& K3 L* H. [0 {# Q/ L( h }; F
eligible to claim a disability amount, if we do not take
, O% [( H: n- q& s$ n6 m* Iinto account that costs for attendant care or care in a! J. k ?3 T0 D
nursing home were claimed as medical expenses on lines! k4 Z6 U+ ^7 Q3 y
330 or 331.
- K0 ?7 u0 |$ w4 ^5 s1 |A qualifying home must be registered in your and/or your* M" E1 h5 G1 b( C" S" z& H$ l
spouse’s or common-law partner’s name in accordance
' C; m. ]* V" X/ V+ Z" ^with the applicable land registration system, and must be
5 ^: R3 H: Y1 S8 dlocated in Canada. It includes existing homes and homes, r q; j9 v, n9 H
under construction. The following are considered
5 s* b/ Z8 @' N1 [5 C, T( p* bqualifying homes:
( W1 t# ~2 q/ F6 {& N, b3 K( U■ single-family houses;9 Y* B8 }% @7 g
■ semi-detached houses;
: y. f8 C! P. Q! R* q0 ~* J; a■ townhouses;) ~* o0 Q! I- i' Q. Z& b& W6 V
■ mobile homes;
6 B8 i% Y3 g! k- B3 p; U7 A■ condominium units; and
' d! l2 E7 d& e5 e) r$ v■ apartments in duplexes, triplexes, fourplexes, or6 E' ~1 V0 t T" m* Q
apartment buildings.1 T/ f' j4 L7 x/ K" b
Note
% i, T- _! [+ z1 O! DA share in a co-operative housing corporation that
5 H; z o; p$ j' y8 b% B" fentitles you to own and gives you an equity interest in a; p5 L, K$ V6 s, K9 N& o" a( D
housing unit located in Canada also qualifies. However,
: @' |3 I$ w; Z9 D) m5 ^a share that only gives you the right to tenancy in the
' K( V+ n" C3 W% mhousing unit does not qualify.! \2 D. [# f! o. q# X
You must intend to occupy the home or you must intend. `$ Y: ?- k3 h3 F. b
that the related person with a disability occupy the home as* M7 l) {+ D) x, A2 M
a principal place of residence no later than one year after it
' }: o3 N5 [6 R0 K- L/ k( { ris acquired.- U. w9 `, q8 W" H9 h7 o7 h' u0 c
The claim can be split between you and your spouse or+ Y# A- Q* W6 P! N8 P
common-law partner, but the combined total cannot exceed
+ {' {' @3 h/ C% o) m6 f2 Z$5,000.
; T9 Z) e8 E7 v6 k, [3 S& jWhen more than one individual is entitled to the amount
6 C1 @# e: w. N7 T9 Q+ b/ w(for example, when two people jointly buy a home), the) L0 \- D/ y; n: K6 @/ I4 d
total of all amounts claimed cannot exceed $5,000.
7 C0 Y, G# u, |. d8 a& |Supporting documents – If you are filing electronically, or9 q, Z9 b: b2 g& c1 H
filing a paper return, do not send any documents. Keep all
7 x" c# z: h& ]$ Gyour documents in case we ask to see them at a later date. |
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