keb Posted February 21, 2023 Report Share Posted February 21, 2023 My partner & I bought property & moved to be closer to his work in 2022. I'm wondering if the CMHC insurance and/or the HST on the CMHC insurance is deductible as a moving expense? If so, what category should it go in? Quote Link to comment Share on other sites More sharing options...
Geo123 Posted February 22, 2023 Report Share Posted February 22, 2023 Hello keb, I do not see anything from the CRA that relates specifically to CMHC insurance. You should contact the CRA. Cost of selling your old home includes the following: advertising notary or legal fees real estate commission mortgage penalty when the mortgage is paid off before maturity Cost of buying the new home if you or your spouse or common-law partner sold your old home because of your move. Note The cost of buying your new home includes legal or notary fees you paid to buy your new home, as well as any taxes paid (other than GST/HST) for the transfer or registration of title to the new home. https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/deductions-credits-expenses/line-21900-moving-expenses/line-21900-expenses-you-deduct.html CRA 1-800-959-8281 for inquiries related to individuals. Telephone numbers – Canada Revenue Agency / CRA wait times: https://www.canada.ca/en/revenue-agency/corporate/contact-information/telephone-numbers.html Quote Link to comment Share on other sites More sharing options...
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