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February 1, 2024
Question

My ex and I separated Apr 2023. He owned the home we lived in, I was not on title or the mortgage. I bought a condo Jul 2023. Can I claim the Home Buyers Tax Credit?

  • February 1, 2024
  • 1 reply
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    1 reply

    TurboTaxSusan
    February 1, 2024

    No. As per the CRA:

     

    Line 31270 – Home buyers' amount
    You can claim up to $10,000 for the purchase of a qualifying home in 2023 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 inside or outside Canada 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)

     

    https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/deductions-credits-expenses/line-31270-home-buyers-amount.html