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Home  ->  Manitoba -> Refundable tax credits -> Refundable Education Property Tax Credit

Manitoba Education Property Tax Credit

Manitoba Income Tax Act s. 5.4

The education property tax credit is a refundable tax credit which is claimed on form MB479 of the personal tax return.

This credit is available to renters or homeowners who were resident in Manitoba and age 16 or older on December 31 of the tax year.  After increases announced in the Manitoba 2011 Budget, the  credit is equal to the lesser of (up to and including the 2018 tax year)

  1. occupancy costs, calculated as the sum of
    1. 20% of total rental payments, and
    2. net property taxes paid

    minus $250

    and

  2. for
    1. taxpayers age 65 and over:
      1. $950 in 2011, $1,025 in 2012, $1,100 in 2013 and subsequent years
      2. minus 1% of family income, to a minimum credit of $700
    2. all other taxpayers, $700

The above amounts are not indexed for inflation.

As per the Manitoba 2018 Budget, effective for 2019, the calculation of the Education Property Tax Credit will be based on school taxes, and the $250 deductible will be eliminated.  The Seniors' Education Property Tax Credit will also be calculated on the school tax portion.

Manitoba Government Resources

Manitoba Personal Tax Credits

Canada Revenue Agency (CRA) Resources

Manitoba General Income Tax and Benefit Package - see CRA form MB 479 and Completing Your Manitoba Forms

Tax Tip:  File a return even if you have no income, to get the refundable tax credits.

Revised: October 26, 2023

 

 

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