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April 3, 2022
Question

My partner and i cosigned on our current house. i have never owned a house before but he has owned this house prior to. with me being added do i qualify for the hbtc?

  • April 3, 2022
  • 1 reply
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    April 11, 2022

    No, you are not qualified for Home Buy Tax Credit because of the house that was owned by your spouse or common-law partner in the year of the acquisition or in any of the four preceding years.

     

    For more information, please see out TurboTax article as Who Can Benefit From the Home Buyers’ Amount?

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