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Federal (Canada)Housing & rent
Home Buyers' Amount
A one-time tax credit for first-time home buyers (and some buyers with a disability) in the year they buy a qualifying home.
Estimated value
About $1,500 in tax relief (a $10,000 credit)
Who qualifies
- You (or your spouse) bought a qualifying home and did not live in another home you owned in the year of purchase or the previous 4 years.
- People eligible for the Disability Tax Credit can claim it without being a first-time buyer.
How to apply
- 1
Claim it the year you buy
Claim the Home Buyers' Amount on line 31270 of your tax return for the year you bought the home. It can be split with a spouse.
Go to application â
Documents you will need
- Proof of home purchase
How often it is paid
One-time tax credit
Good to know
- The $10,000 credit can be split between you and your spouse, but the combined claim cannot exceed $10,000.
Often applied for together
Last verified: August 31, 2026