Can I claim the homebuyer's tax credit? I am aged 64 - I bought a small townhome in BC in May 2022 but have not owned/co-owned a home since 1996.

You can claim up to $10,000 for the purchase of a qualifying home in 2022 if both of the following apply:

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

You can visit Line 31270 - Home buyers' amount for more information. 

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