Manitoba-> Refundable tax credits -> School Tax Rebate, School Tax Credit, School Tax Assistance
The Manitoba 2016 budget retained the increase in the maximum Seniors' School Tax Rebate to $470 for the 2016 property tax year and eligibility criteria will be broadened to include seniors who occupy their principal residence and pay school taxes, even if they do not own the land or dwelling unit. The School Tax Rebate will now be delivered as part of the annual income tax return, so the 2016 Rebate will be claimed when the 2016 income tax return is filed in 2017. Administration of the Rebate through the income tax system will permit retroactive claims of up to 3 years, but no earlier than the 2016 Rebate.
The Rebate will be reduced by 2% of net family income over $40,000. Senior households with a family net income of $63,500 or more will no longer receive the Rebate.
See Manitoba Finance Seniors' School Tax Rebate.
Manitoba Income Tax Act s. 5.5
The school tax credit is a refundable tax credit which is claimed on form MB479 of the personal tax return.
This credit is available for homeowners or life tenants age 55+ at December 31 of the tax year, with family income less than $23,800. The credit is based on school taxes paid in the tax year for the principal residence in Manitoba, which must be over $160 for the year in order to claim the credit.
The amount of the credit is not indexed for inflation.
See the Canada Revenue Agency information:
Tenants age 55+ may receive school tax assistance, depending on income, by applying to Family Services and Housing at the Provincial Services Office. See the Manitoba information School tax assistance for tenants 55 Plus.
For detailed information on Manitoba refundable tax credits, see this topic on the Government of Manitoba web page Manitoba Personal Tax Credits.
See CRA form MB 479 and Completing Your Manitoba Forms on the Manitoba General Income Tax and Benefit Package page for detailed calculations.
Tax Tip: File a return even if you have no income, to get the refundable tax credits.
Revised: September 19, 2017
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