Income Tax info: In Québec If you are required to make Instalment Payments ….As of 2007 you will be charged interest on any unpaid amount at years end
On the Rev-Que website you can email then with your questions ..and they call you back in about 24 hours .. in English and the agent with your Sin can review your file
Tax tip for Seniors.. over 70 years of Age
Home support Credit for Québec seniors: Paying a Kid to cut your Lawn <o:p></o:p>
<o:p> </o:p>The Home support Tax credit pays up to 30% of home care and support for seniors living in their own homes. Items like Lawn care are covered and general repair work … While many seniors have their grandchildren, or the kid next door doing their lawn care for say $20 a time . If they sign a receipt you can claim the credit .. (Unless the Kid is earning over $2,500 a year it has no effect on has or their parents income tax) At the end of summer If you paid little Johnny $200 to cut your grass, etc .. you claim back $60 …Hum this all makes for a nice Birthday/ thank you gift <o:p></o:p>
<o:p> </o:p>If you do have a Lawn care company doing your lawn or someone doing general repairs … and they say pay them under the table and you will save the 15% GST/PST…GET AN INVOICE- You are still ahead because To claim the 30% credit you need a receipt<o:p></o:p>
Québec Tax Credit for Home Support …..
Schedule J
Many seniors are unaware of the improved Home Support Tax credit to help seniors living in their own home or apartment cover certain expenses
Home Support Tax Credit ..
Seniors over 70 years of age can now file for a 30% credit for the total cost of services paid for by using Quebec’s tax credit for seniors Schedule J . The services one can claim the credit for allows for a senior Live independently at home. These services can range from the Cost of Cleaning your carpets or home, to lawn and Snow removal services . Seniors over 70 must have paid for the service themselves The Income limit before the tax grab back is now $50,000 if ones income is over a certain limit.
Seniors can claim part of their Condo fees and home repairs .This is a Tax credit so the amount you will receive will be taken off any balanced owned or be refunded to you
Example:
Snow Removal you paid $ 400 Claim 30% Tax credit = $120
Lawn Care you paid $ 400 Claim 30% Tax Credit = $120
Minor Home Repairs you Paid $400 Claim 25% Tax Credit = $120
Carpet Cleaning you Paid $200 Claim 25% Tax Credit = $60
House Cleaning, you Paid $150 per month = $1800 per year =Tax Credit of $550
Home Care worker, you pay $15 per hour .. 30% of this fee can be credited ..
Condo Fees $150 per month aplly 25% credit= 37,50 a month
One can Claim up to $4680 per person in total credits… double for couples*
Seniors that are disabled can claim a Higher amount $6480
The Tax credit is reduced when the family income is over $50,000
Seniors can now claim 5% of the rent they pay up toan maximum rent cost of $600 per month) ..this could mean up to $340 in credits...
*However a couple (or Dependent) can not claim for providing support services to each other
While you do not have to forward your Bills when filing….you should have then on hand if they are asked for ….
Complete Schedule J in your Québec Tax package Most Tax prepares are aware of this credit ..
But many do it yourselves or those who have family members do paper rerun returns over look this valuable credit… If you have Questions call me .. 450-466-1325.. I can forward you the list of services covered or visit Revue Quebec Website and go to the link for Tax credit for home support for seniors …
www.revenu.gouv.qc.ca Their web site is fully bilingual and very easy to follow
If you have an ongoing expense Ie Home care worker coming in, housekeeping , Condo Fees .. You can have your tax credit paid in advance each month.
SSCPN is again providing assistance with personal income tax returns. Our services are available to all regardless of income level or age. (In fact a majority of our clients are non-seniors) Services are provided free for persons on social assistance, plus free general help can be provided over the telephone.
We can also help do back years and apply for tax credits and programs that are available for seniors and low income families. An Appointment is needed call 450-466-1325
It maybe because it has been a Hard winter and people want their income tax refunds early so they can get away
Since March 1st .. we have already processed 24 income taxes returns .. To those wanting for a reply for an Tax filing appointment.. You will be called back Soon
Call 450-466-1325