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Filing Your Return -> Home Renovation and Home Accessibility Tax CreditsHome Renovation and Home Accessibility Loans, Grants & Tax Credits - Federal and ProvincialHome renovation tax credits allow homeowners a tax credit for eligible renovation costs. Some of these credits are non-refundable, so the tax credit can only be used to reduce taxes owing in the current taxation year. When a tax credit is refundable, if the amount exceeds the tax otherwise payable in the year, a refund will be issued. Canada Greener Homes Loan
See CMHC's Canada Greener Homes Loan. See Life in the Tax Lane June 2022 from Video Tax News re income tax implications. Canada Greener Homes Grant Initiative
See the following from Natural Resources Canada: Learn about the Canada Greener Homes Grant Initiative Eligible grants for my home retrofit Federal Home Renovation Tax CreditsFederal Home Accessibility Tax Credit (HATC) for Seniors and Persons With Disabilities - Non-Refundable - available for 2016 and later taxation years Federal Home Renovation Tax Credit (HRTC) - no longer available, was only available for the 2009 taxation year.Provincial Home Renovation Tax CreditsThe following articles discuss the provincial home renovation tax credits: BC Home Renovation Tax Credit for Seniors and Persons With Disabilities - Refundable New Brunswick Seniors' Home Renovation Tax Credit - Refundable Ontario Seniors' Home Safety Tax Credit - Refundable - for 2021 only Ontario Healthy Homes Renovation Tax Credit for Seniors - Refundable - was available for 2012 to 2016 tax years Quebec Refundable Tax Credit for Eco-Friendly Home Renovation (EcoRenov) - was available for 2013 & 2014 tax years Saskatchewan Home Renovation Tax Credit Documentation for Home Renovation and Home Accessibility Tax CreditsMake sure you have the documentation you need to support your HRTC claim. The type and quantity of goods purchased or services provided must be clearly identified on any agreements, invoices and receipts. Required information includes, but is not limited to:
TaxTips.ca ResourcesFirst Time Homebuyers' Tax Credits Persons with Disabilities - links to all related information on TaxTips.ca Revised: September 20, 2022
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