Comments on: Eligible Tax Deductions For Home Improvements

By: Tax Guy

Tax Guy — Fri, 11 Feb 2011 21:34:22 +0000

Unfortunately, no. The tax credit is only available for the 2009 tax return. If you did not claim it for 2009, then you can file an amendment.

By: Eleanor Kubish

Eleanor Kubish — Fri, 11 Feb 2011 02:22:43 +0000

I spent $3000 on new windows for my home in Nov/09. Can I apply for the tax credit this year (2011)?

By: Tax Guy

Tax Guy — Mon, 07 Feb 2011 12:55:46 +0000

You can file an amendment http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/chngrtrn-eng.html

By: Dave

Dave — Sun, 06 Feb 2011 16:50:06 +0000

The Home Reno Tax credit for 2009 says it is to maximum of 10,000.
If my kitchen reno was 12,000 i’m assuming they will allow me up to the 10,000.
I filed my 2009 but bid not request the credit. Is it to late to request it now? Can i do it online at CCRA – change my return or do i have to send a letter requesting them to amend my return and apply this credit?
Dave

By: Tax Guy

Tax Guy — Mon, 31 Jan 2011 16:01:55 +0000

Brent,
Ignoring the T4 portion, I assumed he was asking if the HRTC was available for 2010.

By: Tax Guy

Tax Guy — Mon, 31 Jan 2011 16:01:04 +0000

Michael,
The home renovation tax credit was only available for the 2009 tax year. If you incurred the cost for the eligible period, then yes it would qualify.

By: Brent

Brent — Sun, 30 Jan 2011 17:07:52 +0000

Michael this comment does not make sense. What do you mean T4 tax? The HRTC has nothing to do with T4s. If the windows are for 2009, you can send in the claim if you paid it in the eligible 2009 period. There is no HRTC claim for 2010.

By: Michael

Michael — Sat, 29 Jan 2011 19:47:25 +0000

Can I claim $ 18,000 new windows /a patio door in T4 tax ?

By: Tax Guy

Tax Guy — Wed, 19 May 2010 18:29:29 +0000

UPDATE: See comment #34 – The central vacuum is NOT eligible for the HRTC.

By: Tax Guy

Tax Guy — Wed, 19 May 2010 18:28:45 +0000

Flyguy,
I just saw a letter come from the CRA on this topic. They do not consider a central vacuum eligible for the HRTC. Based on the definition of eligible expenditures, I disagree with their assessment. However, is it worth the fight?