It states on the CRA Website that the Home Buyers' Amount increased to $10,000.00 for qualifying homes purchased in 2022. Has this change been made to the program? If not, will CRA amend it from $5,000. to $10,000. automatically?
From the CRA Webiste:
Jan 24, 2023 ...Line 31270 – Home buyers' amount Note: You can claim up to $10,000 for the purchase of a qualifying home in 2022 if both of the following apply: You (or your spouse or common-law partner) acquired a qualifying home You did not live in another home that you (or your spouse or common-law partner) owned.
