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Glossary -> Non-Refundable Tax Credits

Non-Refundable Tax Credits

A non-refundable tax credit can only be used to reduce federal or provincial/territorial taxes to zero. It will not generate a payment from the government if no taxes are payable. See:

Tables of most non-refundable personal tax credits (and applicable tax rates), except Québec

Dividend tax credits

Québec personal tax credits

The tax rate used to calculate non-refundable tax credit is the lowest federal tax rate, and for provincial/territorial tax credits is the lowest provincial/territorial tax rate, except for Québec. Québec residents calculate their non-refundable tax credits at a rate of 20%.

The unused portions of some non-refundable tax credits can be transferred to another taxpayer. Some non-refundable tax credits can be used by either spouse. See our Filing Your Return page for further information on many of these tax credits.

Revised: March 21, 2013

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