I purchased my home in 2014 and am a Saskatchewan resident.
The last home I owned was in 2004.
Yes. You are entitled to both credits. According to CRA:
You can claim this amount if the rules are met for claiming the amount on line 369 of federal Schedule 1.
You can claim an amount of $10,000 for the purchase of a qualifying home. A qualifying home must be registered in your and/or your spouse's or common-law partner's name with the Land Titles Registry and must be located in Saskatchewan.
The claim can be split between you and your spouse or common-law partner, but the combined total cannot be more than $10,000.
When more than one individual is entitled to the amount (for example, when two people jointly buy a home), the total of all amounts claimed cannot be more than $10,000.
Supporting documents – If you are filing electronically or filing a paper return, do not send any documents. Keep all your documents in case we ask to see them at a later date.
Yes. You are entitled to both credits. According to CRA:
You can claim this amount if the rules are met for claiming the amount on line 369 of federal Schedule 1.
You can claim an amount of $10,000 for the purchase of a qualifying home. A qualifying home must be registered in your and/or your spouse's or common-law partner's name with the Land Titles Registry and must be located in Saskatchewan.
The claim can be split between you and your spouse or common-law partner, but the combined total cannot be more than $10,000.
When more than one individual is entitled to the amount (for example, when two people jointly buy a home), the total of all amounts claimed cannot be more than $10,000.
Supporting documents – If you are filing electronically or filing a paper return, do not send any documents. Keep all your documents in case we ask to see them at a later date.
Thank you for your question.
Here is a link which may help: https://turbotax.intuit.ca/tax-resources/home-owner-tax/new-home-builders-tax-credit.jspkhim1991-gmail-c
New Member
derf-32
New Member
unitedbyseatofin
New Member
mfuentesbujanda
New Member
iluvthai-5072881
New Member
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.