Investors and rental owners

Yes, you can claim the rent if you satisfy the following requirement.

If you live in Manitoba or Ontario, you can claim a credit for rent paid.

 

To claim the “Manitoba Education Property Tax Credit (Rent Paid)”:

Under the “Provincial” tab, select “Provincial Tax Credit Profile”. There you can select Education Property Tax Credit Rent Paid or Property Taxes Paid.

Click the “Continue” button, and you will be asked a question regarding “Principal Residences”. Answer this and click “Continue”.

On the “Education Property Tax Credit” page you can click “Add New for [Name]”. This will take you to the “Manitoba Education Property Tax Credit (Rent Paid)” where you can enter the information needed for this credit. Click the “Save & Continue” button to save your information.

For more information, you can visit our TurboTax Article "Can I claim a tax deduction for my rent?"

 For Ontario residents following steps can be followed:

Rent paid in Ontario is reported under Provincial>Provincial Tax credits- through the Ontario Trillium Benefit. This program combines 1. Ontario Sales Tax, 2. Ontario Energy and Property Tax Credit (Rent, energy, property tax) and 3. Northern Energy Credit (for taxpayers living in Northern Ontario) This benefit does not affect the tax return, It is paid out separately just like the GST and CTB credit

For more information please see our TurboTax article What Is the Ontario Trillium Benefit?

 

If you want To claim for the rent paid in Quebec.

When you've indicated that you're a resident of Québec, TurboTax automatically guides you through the steps to claim the Solidarity Tax Credit when you reach the Provincial section of your return.

To jump directly to the Solidarity Tax Credit:

  1. Select Find (or the magnifying glass) from the TurboTax menu.
  2. In the Find window, type solidarity tax credit.
  3. Select Solidarity Tax Credit from the list and then select Go.

Note: To skip or decline a claim of the Solidarity Tax Credit, skip through the section by selecting the Continue button without entering any info until you reach the Other Québec Income Profile step.

  • residents of Ontario: Ontario Trillium Benefit (OTB)
  • Residents of Manitoba: Education Property Tax Credit
  • Residents of Québec: Solidarity Tax Credit.

For more information, visit our TurboTax video How to claim Ontario Trillium Benefit.

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