Cryptocurrency Q&A
What is the $10,000 tax credit for first-time home buyers in Canada?
What is the $10,000 tax credit for first-time home buyers in Canada?
CryptoMystic
Wed Oct 30 2024
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6 answers
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I heard about a $10,000 tax credit for first-time home buyers in Canada and I'm wondering what it is. Can someone explain the details of this tax credit to me?
6 answers
Daniela
Fri Nov 01 2024
The Home Buyers' Tax Credit (HBTC) was launched in 2009.
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BlockchainEmpiress
Thu Oct 31 2024
This tax credit is specifically designed for first-time home buyers.
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lucas_emma_entrepreneur
Thu Oct 31 2024
Therefore, a claim of $10,000 translates to a one-time tax reduction of $1,500.
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SakuraDance
Thu Oct 31 2024
Additionally, individuals with disabilities are also eligible to claim this credit.
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Alessandra
Thu Oct 31 2024
The HBTC provides a non-refundable tax credit of $10,000.
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