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Please see the below detail:0 n7 ^% M1 ?+ _
Line 369 – Home buyers’ amount
5 O9 L, i" z9 O/ e7 r( u7 [You can claim an amount of $5,000 for the purchase of a
5 R4 `+ m: X* D1 n5 N/ Lqualifying home made in 2010, if both of the following) b3 h# V0 y- V" m( V7 t# J
apply:
6 V* l# H' S0 v; p# C, p7 Q. M■ you or your spouse or common-law partner acquired a
' V* y2 o& i! D# K$ d4 L# }qualifying home; and! U/ ]) u2 g8 [9 w$ x R7 z7 O: Y
■ you did not live in another home owned by you or your
2 u0 m0 s# \: f; s7 aspouse or common-law partner in the year of acquisition
. F/ h: C$ H5 q4 g, sor in any of the four preceding years (first-time5 ?( s, `- n5 R; g# E% ^
home buyer). s e7 b7 x1 B1 m2 w
Note
6 K' i( k' i& |6 {You do not have to be a first-time home buyer if you are
+ B# _: M. ?( R7 V3 y$ B/ E Feligible for the disability amount or if you acquired the! x$ s$ ^3 s: `+ p# Y( V/ h
home for the benefit of a related person who is eligible
6 g- ]( z+ R: A3 ^" I/ ~for the disability amount. However, the purchase must" ]' p' O2 G" n% F
be made to allow the person eligible for the disability
* P: |0 A4 B9 D+ H( V8 Damount to live in a home that is more accessible or better3 X, ]1 |4 ~; X, T0 h2 I! }
suited to the needs of that person. For the purposes of
' d) H. C% t; i6 \3 j; ]( X( I: Z4 gthe home buyers’ amount, a person with a disability is
( Z' g- L: ^. M. z% w2 zan individual who is eligible to claim a disability amount5 m D" l U, M, d" b3 `- f% w9 z/ f
for the year in which the home is acquired, or would be
# s. _; i7 v. {) p' C$ |' e% _eligible to claim a disability amount, if we do not take
# v Y/ h$ J8 ?" Tinto account that costs for attendant care or care in a9 F7 e5 L W6 Z- s7 C
nursing home were claimed as medical expenses on lines
6 J1 L$ y" x0 {9 v330 or 331.
; }. R+ V; p- E# ]" SA qualifying home must be registered in your and/or your
0 \( Z) q2 y6 D/ J. X3 n5 \4 |spouse’s or common-law partner’s name in accordance# k$ R% x( e. x! b# x& y0 b
with the applicable land registration system, and must be
/ D8 e: ^' m" }* a, q( Flocated in Canada. It includes existing homes and homes
. g) k6 X! z; d7 A8 G0 c. H# u! Cunder construction. The following are considered
( B# F, K( u6 h \, u; B( @qualifying homes:
7 y1 N5 t8 A# z4 S# t" |9 h■ single-family houses;
* C1 E6 L9 E3 _9 x■ semi-detached houses;
1 r/ {3 m0 Y; ^" \4 D8 K% [6 _■ townhouses;* H# A9 [! ~" | g7 ^# [; H) k
■ mobile homes;6 }( L8 A+ o5 v" v; ?! S
■ condominium units; and% \2 _! `) F% v" `3 ?
■ apartments in duplexes, triplexes, fourplexes, or
, g0 g8 e2 e! [/ _) ?0 Eapartment buildings.
* F/ o5 w. }- l) Z! K! _Note
+ t6 E" o3 k: BA share in a co-operative housing corporation that
* k U9 m6 e5 r! s- g8 h$ @# Bentitles you to own and gives you an equity interest in a. b6 d [6 \4 W- z% a( \# M
housing unit located in Canada also qualifies. However,
* y% f7 }& {& C' g0 ?/ @; r4 ~. _a share that only gives you the right to tenancy in the' j4 v8 `1 m' ]/ |- f1 `+ x
housing unit does not qualify.' h- ^2 L$ f, i
You must intend to occupy the home or you must intend
: _3 v' v( o4 hthat the related person with a disability occupy the home as- a, J n* V. h |+ }; m
a principal place of residence no later than one year after it
/ w" [2 U; J @5 e) wis acquired. O2 Z, t* q; E
The claim can be split between you and your spouse or5 a, N) v; J! a2 G$ x
common-law partner, but the combined total cannot exceed
1 M. b" R7 m8 ~# J5 r$5,000.# F. J2 b. b' `
When more than one individual is entitled to the amount K2 Y% c! V) {" N* w
(for example, when two people jointly buy a home), the
) q* p1 N1 K9 s/ Ttotal of all amounts claimed cannot exceed $5,000.6 z l( ~3 V% E' w; w' z2 _0 `
Supporting documents – If you are filing electronically, or' z8 t4 K) A$ d% I* Y8 N
filing a paper return, do not send any documents. Keep all
( U! N: S2 P; v/ Eyour documents in case we ask to see them at a later date. |
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