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New Member
posted Feb 14, 2022 4:04:45 PM

1st time home owner - did some renovations and was told I could claim this, but apparently that is only for disability and now I've been asked to pay all the taxes back

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Level 3
Feb 15, 2022 8:39:46 AM

As a first-time homebuyer or builder, you may be eligible to claim certain tax credits or apply for benefits to help ease the financial burden of your new home.  Here you can find more information about What tax credits or benefits are available to first-time homebuyers?

You can visit Canada Revenue Agency (CRA) website  How to participate in the Home Buyers' Plan (HBP)   

and find more information for eligibility for the first-time homebuyer. 

 

For more information please see our TurboTax articles 

These are the 9 Biggest Tax Changes Canadians Need to Know in 2022

20 Popular Canadian Tax Deductions and Credits in 2022

Home Tax Deductions & Tax Credits for Canadian Homeowners

 

Canada Revenue Agency (CRA) Provincial and territorial tax and credits for individuals

 

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