First Time Home Buyers Don't Forget to Claim Your Tax Credit

You can claim an amount of $5,000 for the purchase of a qualifying home made in 2012, if both of the following apply:

  • you or your spouse or common-law partner acquired a qualifying home; and
  • you did not live in another home owned by you or your spouse or common-law partner in the year of acquisition or in any of the four preceding years (first-time home buyer).

Check out the link for more information.

http://www.cra-arc.gc.ca/vdgllry/wtchds/menu-eng.html?clp=wtchds/hmbyrs-eng

There are no comments

Thank you! Your comment has been submitted and is awaiting approval.

Trish Mills

Trish Mills

Sales Representative
CENTURY 21 Millennium Inc., Brokerage*
Contact Me