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5. Annie sold her home in July and bought a new one. She has owned her old home for the last decade and lived in
5. Annie sold her home in July and bought a new one. She has owned her old home for the last decade and lived in it exclusively the entire time she owned it. If she sold her home for more than its purchase price, does she have to pay taxes on the capital gain of the sale? a. Yes b. No 6. Until February last year Cornelia and her daughter Emma (6 years old), who is legally blind, lived at 75 Parker Street. They moved to a new house on 26 Bell Court, which is more suitable to Emma's needs. Form T2001 is on file with the CRA for Emma. Can Cornella claim the home buyer's amount? a. Yes b. No 5. Annie sold her home in July and bought a new one. She has owned her old home for the last decade and lived in it exclusively the entire time she owned it. If she sold her home for more than its purchase price, does she have to pay taxes on the capital gain of the sale? Yes No 6. Until February last year Cornelia and her daughter Emma (6 years old), who is legally blind, lived at 75 Parker Street. They moved to a new house on 26 Bell Court, which is more suitable to Emma's needs. Form T2001 is on file with the CRA for Emma. Can Cornella claim the home buyer's amount? a. Yes b. No
5. Annie sold her home in July and bought a new one. She has owned her old home for the last decade and lived in it exclusively the entire time she owned it. If she sold her home for more than its purchase price, does she have to pay taxes on the capital gain of the sale? a. Yes b. No 6. Until February last year Cornelia and her daughter Emma (6 years old), who is legally blind, lived at 75 Parker Street. They moved to a new house on 26 Bell Court, which is more suitable to Emma's needs. Form T2001 is on file with the CRA for Emma. Can Cornella claim the home buyer's amount? a. Yes b. No
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