If a house was bought for my family by my parents. The house is in our name Can we qualify for first time home buyers credit?

As this is your first home that you have owned, You are able to make the $5000 claim.

(Your parents do not qualify if they bought a house before)

 

For more information, please click :

TurboTax  Do I qualify for the Home Buyers' Amount?

Canada Revenue Agency(CRA)  Line 31270 – Home buyers' amount

 

 

Thank you for choosing TurboTax.