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I bought a home in 2024 and I didn't claim the First-Time Home Buyers' Tax credit last year. Can I claim it this year? and since it's a credit, I have to pay it back?

 
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I bought a home in 2024 and I didn't claim the First-Time Home Buyers' Tax credit last year. Can I claim it this year? and since it's a credit, I have to pay it back?

You can adjust your 2024 return to add the credit. You can login to TurboTax Do It Yourself (Online) 2024 here: https://ww1.2024.ca.turbotaxonline.intuit.com/

 

This TurboTax Canada FAQ tells you how you can adjust your return using ReFile: I've filed my tax return. Can I still make changes?

 

You don't have to pay back credits unless you applied for one that you were not eligible for.

 

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