Question:

Who is eligible for HRTC The Home Renovation Tax Credit?

by Guest6318  |  12 years, 8 month(s) ago

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Who is eligible for HRTC The Home Renovation Tax Credit?

Eligibility for the HRTC is family based. A family is generally considered to include you and your spouse or common-law partner, and your or your spouse's or common-law partner's children who are under 18 years of age at the end of 2009.

The claim can be split among family members but the total amount claimed cannot exceed the maximum allowable.

If two or more families share the ownership of an eligible dwelling, each family can claim its own credit (i.e., each up to $1,350) that is calculated on its respective eligible expenses.

All expenses must be supported by receipts and acceptable documentation. Keep them in case we ask to see them.

More information can be obtained from the following site:
http://www.cra-arc.gc.ca/tx/ndvdls/sgmnts/hmwnr/hrtc/lgblty-wh-eng.html

 Tags: credit, eligible, home, Hrtc, renovation, tax

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1 ANSWERS

  1. Guest8550
    can a numbered company that is renting the be eligiable

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