Home Buyers' Tax Credit
You may be entitled to this tax credit if you were resident in Quebec on December 31 of the year covered by the claim (or on the day in that year you ceased to be resident in Canada), and, in that year, either:
- you or your spouse bought a qualifying home for the first time and you intend to make it your principal residence (note that you are considered to have bought a home for the first time if, in that year or the previous four years, you did not live in another home that you or your spouse owned or co-owned); or
- you bought a qualifying home and intend to make it the principal residence of a disabled person who is related to you. The residence must either:
- be more accessible for the disabled person or set up to help the person be more mobile or functional, or
- provide an environment better suited to the person's personal needs and care.
- We consider that you acquired the home if your right to it is published in the land register and the home is habitable.
- If you bought the home to make it the principal place of residence of a disabled person, it does not need to be your first home.
To qualify, the home must meet the following conditions:
- It is located in Québec.
- It is one of the following:
- a detached, semi-detached or row house,
- a manufactured home,
- a mobile home,
- an apartment in a condominium building, or
- an apartment in a multiple-unit residential complex.
A home can also be a share of the capital stock of a cooperative housing corporation that entitles you to own a housing unit the right to which is published in the land register.
The maximum tax credit is $1,500 for a qualifying home. You can split the amount between everyone who is eligible to claim the credit for the same qualifying home.
To claim the credit, you must complete form TP-752.HA-V, Home Buyers' Tax Credit, and enclose it with your income tax return.
- If you are completing this form for a person who died in the year, the person must have been resident in Québec on the date of his or her death.
- If you were not resident in Canada throughout the year, you must have acquired the home while you were resident in Québec.