First Time Home Buyer | Kaylee's Hero Fund

Do you qualify for the Home Buyer Tax Credit?

Posted 9:37 pm by Marika & filed under Buying in Kelowna, First Time Home Buyer.

The Home Buyer Tax Credit is a non-refundable tax credit that certain homebuyers can claim on qualifying homes purchased after January 27, 2009. This tax credit is calculated by multiplying the lowest personal income tax rate for the year (15% in 2014) by $5,000. There are a few factors that will be considered to… Read more »

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Do you qualify for the Home Buyer Tax Credit?

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