Personal Finance

Adjusting previous tax return

  • Last Updated:
  • May 5th, 2020 12:22 am
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[OP]
Sr. Member
Feb 18, 2019
507 posts
659 upvotes

Adjusting previous tax return

I bought a condo in 2017 (first time home buyer, Toronto) and my accountant never claimed the first time home buyer credit (line 369).
I am able to login to CRA online account and just adjust the return. Is this OK to do? Do I just put $5,000 in line 369?
I am on title 99% of the condo, and my father is on title for 1%... He is not a first time home buyer. Does this effect my situation?
Thanks!
2 replies
Deal Addict
Feb 22, 2007
1959 posts
223 upvotes
Mississauga
yes do it online,

techniically you would only claim 99% of the 5,000
Deal Addict
Jan 19, 2017
4014 posts
2290 upvotes
DonkeyDoo wrote: I bought a condo in 2017 (first time home buyer, Toronto) and my accountant never claimed the first time home buyer credit (line 369).
I am able to login to CRA online account and just adjust the return. Is this OK to do? Do I just put $5,000 in line 369?
I am on title 99% of the condo, and my father is on title for 1%... He is not a first time home buyer. Does this effect my situation?
Thanks!
Did you tell your accountant you bought a house? If you didn’t tell him, then he wouldn’t have known to claim the credit.

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