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New Member
posted Mar 25, 2024 8:48:02 AM

Multigenerational Reno Tax Credit

The Schedule 12 tax form will not allow me to select the box for being a qualifying individual for the tax credit.

 

It will not total my claim amounts.

0 1 895
1 Replies
Intuit Alumni
Mar 25, 2024 9:08:09 AM

Please make sure you are eligible as noted below. If you are certain to be eligible, please clear your cache/cookies, sign out of your return and restart your computer.

 

You may be eligible for this credit if:

  • You had renovation costs to create a new secondary unit in the home or on the property, with a private entrance, kitchen, bathroom and sleeping area
  • The renovation finished in the tax year you're making the claim

A person living in the home or secondary unit is either:

  • 65 or older at the end of the renovation period tax year, OR
  • 18-64 and eligible for the disability tax credit
  • This is the only MHRTC claim for the senior 65+ or adult 18-64 who is eligible for the DTC
  • You were a resident of Canada from Jan. 1 to Dec. 31 of the year you're making the claim

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