$8,000 CRA Tax Benefit for 2024: Here’s How to Claim It Now! Check Eligibility
The First Home Savings Account (FHSA) offers Canadians up to $8,000 annually in tax benefits to save for their first home. With a lifetime contribution limit of $40,000, tax-deductible contributions, and tax-free withdrawals, this CRA-backed program is a must-know for aspiring homeowners.