Tax Returns Toronto - Personal Income Tax Returns

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Personal Income Tax Return Checklist (Cont'd)
Non-refundable tax credits

If the following apply to you, you can claim certain credits listed below to reduce your tax at “flat” rates (rates do not depend on your income tax bracket):
  • Basic personal amount – every Canadian resident is allowed this amount
  • Child amount – if you have children under 18 years of age on December 31, this can be claimed by one parent for each child under 18
  • Age amount – if you are 65 years old or older on December 31
  • Pension income amount – if you are receiving pension income
  • Canada employment amount – if you are employed in the year
  • Canada Pension Plan and Employment Insurance amounts – if you paid CPP and EI in the year
  • Public transit passes amount – if you pay for monthly public transit passes for unlimited travel
  • Children’s fitness amount – if your children are under 16 in programs of physical activity
  • Donations amount – if you made donations to registered charities
  • Home buyers amount – if you are a first time home buyer and bought a home after January 27, 2009
  • Home renovations amount – if you paid for renovations after January 27, 2009 and before February 1, 2010
  • Adoption expenses amount – if you paid for adoption expenses for a child who is under 18 years of age
  • Tuition, education and textbook amounts – if you are a full time or part time student enrolled in a post-secondary institution
  • Interest paid on student loans amount – if you paid interest on post-secondary education
  • Medical expenses – if you paid medical expenses for yourself, your spouse or child (doctor, dentist, private health plans, medical devices, prescriptions, amounts not reimbursed under plans)
  • Disability amount – if you are suffering from severe and prolonged mental or physical impairment
  • Spouse or common-law partner amount – if you are supporting a spouse or common-law partner
  • Amount for an eligible dependant – if you are single, divorced or separated supporting a child (under 18 at any time in the year) or parent or grandparent who lives with you

Click To View Personal Income Tax Return Checklist - Non-Refundable Tax Credits (Part 2)

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Dean Constand CGA O/O of Tax Returns Toronto is a member in good standing of the
Certified General Accountants of Ontario
Visit: http://www.deanconstandcga.com/
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