How do I enter a mortgage for a home we've lived i...

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New Member

How do I enter a mortgage for a home we've lived in for over 20 years but just became owners of??

Tried entering new home owner but then it asks me about selling principal residency

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How do I enter a mortgage for a home we've lived in for over 20 years but just became owners of??

Unfortunately, you can't claim mortgage payments for a new home, but you may qualify for the Home Buyers' amount, which is a tax credit available for first time home buyers:

https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-re...

The question regarding selling your principal residence is always asked on that page, you can ignore it if it doesn't apply to you.

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