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
- Childrens 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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Certified General Accountants of Ontario
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