The tax credit for access to homeownership can reach $5,875. You can split the credit with anyone else who is entitled to it for the same qualifying home based on each person's share in the home (and their spouse's share, if applicable). You must all claim the tax credit separately.

To see the full list of eligibility requirements and calculate the tax credit, complete form TP-752.HA-V, Home Buyers' Tax Credit. You must enclose the form with your income tax return.

Advance payment of the tax credit for access to homeownership

If you would rather get the tax credit before filing your income tax return (and you meet the conditions), you can apply for an advance payment for 2026. Only one person can apply for an advance payment for a single qualifying home.

To learn more, see Advance Payment of the Tax Credit for Access to Homeownership.