Claim rental expenses as a tax credit
If I am renting the apartment I live in, can I claim part of the rent I pay as a tax credit?
I am looking at this can-you-claim-rent-in-ontario
But it does not mention if you need to be below a certain income category to claim this credit? I see no difference to my refund whether I claim this amount or not?
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The property tax credit has been rolled into the Ontario Trillium Benefit. You can calculate how much you will receive here.
www.fin.gov.on.ca/en/taxcredits/CalculatorQuestions.asp
For example a single person paying 0 / mo rent and earning ,000 will get 6 for a property tax credit.
This will be paid monthly and won't change the amounts on your tax return. You just need to fill out the ON-BEN form. www.cra-arc.gc.ca/E/pbg/tf/5006-tg/
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