Form RC7190-WS GST190 Calculation Worksheet

What Is GST190 Calculation Worksheet Form?

The GST190 Calculation Worksheet allows eligible homebuyers to get back a portion of the GST or HST paid on the purchase or cost of a new or substantially-renovated home. The refund is based on a percentage of the GST or HST paid, and the amount of the refund depends on the province in which the home is located.

What Is the GST190 Calculation Worksheet Form Used For?

The CRA form GST190 allows an individual to refund a portion of the GST or federal portion of the HST paid for a new or substantially renovated home to be used as the primary residence of that individual or a relative if all of the following conditions are met:

• House purchased from a builder
• You are not buying for rent or lease
• House isn't purchased as part of a commercial transaction

Discount is calculated based on the total GST or HST paid on the purchase of the home minus any other GST/HST discounts that apply.

How to Fill Out Form GST190 Calculation Worksheet?

If you plan to buy a new home, you need to fill out form rc7190-ws. This form is used to calculate the Goods and Services Tax/Harmonized Sales Tax (GST/HST) refund you paid on your new home.

Here is a step-by-step guide for you to fill out the GST190 Calculation Worksheet form:

1. Check the box with the appropriate claim type and settlement type.
2. Calculate the refund amount for your claim type if you paid GST when you bought the house.
3. Enter the price of the home.
4. Enter the actual market value of the home.
5. Follow the form for the correct calculation.

How to Submit the GST190 Calculation Worksheet Form?

Once you have completed the worksheet, you can mail or fax it to the CRA. The mailing address and fax number are on the worksheet.

Which Government Agencies Work With the GST190 Calculation Worksheet?

The Internal Revenue Service (IRS) is the government agency that works with the GST190 Calculation Worksheet.