Tax Tip: Did You Buy a Home in 2012? Check Out This Tax Information

Tax Tip: Did You Buy a Home in 2012? Check Out This Tax Information

ID: 245225

Did you know?


(firmenpresse) - OTTAWA, ONTARIO -- (Marketwired) -- 04/02/13 -- If you bought a home in 2012, you may be able to save on your taxes through the first-time homebuyers' tax credit.

Important facts

- If you are a first-time home buyer, a person with a disability buying a home, or an individual buying a home on behalf of a related person with a disability, you may be able to claim a non-refundable tax credit of up to $750 when you buy a qualifying home.

- To qualify for the :

- Persons with disabilities may also qualify for this credit even if they have already owned a home. If you are eligible for the disability amount or you purchased a home for the benefit of a related person who is eligible for the disability amount, you may be able to claim the credit.

- You may also be eligible for the , which allows you to withdraw funds from your registered retirement savings plan to buy or build a qualifying home. You may withdraw up to $25,000 in a calendar year, and have up to 15 years to repay your withdrawals.

For more tax information for homeowners, go to .

The Canada Revenue Agency's (CRA) online services make filing even easier

The CRA's online services are fast, easy, and secure. You can use them to file your income tax and benefit return, make a payment, track your refund and more. Sign up for direct deposit too! Your refund and any benefit or credit payments owed to you will be deposited directly into your account, putting your money into your pocket faster. For more information, go to .

Stay connected ()

To receive updates when new information is added to our Web site, you can:

- follow the CRA on Twitter - ;

- subscribe to a CRA ; and

- add our to your feed reader.

You can also watch our tax-related videos on .



Contacts:
Noel Carisse
Media Relations
Canada Revenue Agency
613-952-9184




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Bereitgestellt von Benutzer: Marketwired
Datum: 02.04.2013 - 16:34 Uhr
Sprache: Deutsch
News-ID 245225
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OTTAWA, ONTARIO



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