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New Member
posted Mar 2, 2024 6:34:45 PM

Does the B.C. renters tax credit have a ceiling on you income?

how does the British Columbia renters tax credit work

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2 Replies
Moderator
Mar 3, 2024 11:03:45 AM

For the 2023 tax year, the maximum renter’s tax credit you may receive is $400. The credit is reduced by 2% of the amount by which your 2023 adjusted income exceeds $60,000. The credit is reduced to zero at $80,000.

New Member
Mar 5, 2024 4:21:11 PM

Thank you for the answer that I needed.