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Level 2
posted Feb 16, 2024 3:09:02 PM

For the BC Renter's Tax Credit, under "Rent Paid at address" should I enter the total for the year or the monthly rent amount?

Also, under "number of months of tenancy at this address" is it asking for just in 2023 or ever?

1 20 8229
20 Replies
Moderator
Feb 17, 2024 9:53:41 AM

You would enter the total amount of rent you paid for the year, and the number of months you lived there in 2023.

Level 2
Feb 17, 2024 11:52:36 AM

Thank you! My rent is an amount plus I pay a percentage of utilities, should I include that?

Moderator
Feb 17, 2024 12:39:01 PM

If you pay utilities separate from your rent, then you would not include them.

Level 2
Feb 21, 2024 1:05:30 PM

just confirming, cause that section is not really well written. I put the annual amount i paid and i only put 12 months as opposed to my total months living here (17months)?

Intuit Alumni
Feb 21, 2024 1:08:02 PM

That is correct. You will write your rent amount X 12 months and write 12 months is what you lived there during the 2023 tax season.

 

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Level 2
Feb 21, 2024 2:54:48 PM

Sweet thanks for the reply, I have one more question regarding this tax Credit. I was wondering if I am eligible, I live in staff housing at a resort. The rent amount is automatically deducted from my pay on my payslip. I have never signed a rental agreement or anything of that sort. I do have my pay slips to prove the deduction and that I am infact renting, marked as (Rent Ded). Am I eligible?

Moderator
Feb 21, 2024 3:03:43 PM

@zasthrax  Check your employment contract, it might mention your rent situation. If so, you can claim your rent if you had to pay it, or if your employer paid and included it in your income. 

Level 2
Feb 21, 2024 3:06:09 PM

Awesome, thanks

New Member
Feb 23, 2024 12:13:33 AM

Hi, can anyone tell me what to do for the BC Renter's Tax Credit? When I set up my 2023 tax return, the site did not give me the option to select it and I ended up filing without filling anything out for this credit. At first, I thought I didn't have to but then I saw this message that the person posting did fill something out and now I'm extremely confused. Thank you.

Intuit Alumni
Feb 23, 2024 5:15:06 AM

Please see this government of British Columbia link to find out more about the B.C. renter's tax credit. If you are eligible for the credit you may have to do an adjustment on your return.

 

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New Member
Feb 27, 2024 1:49:59 PM

If you have become a deemed resident after being a resident of BC in 2023 for more than 6 months and are eligible for this return, the option to add this is not available. Any suggestions on next steps?

Level 2
Feb 27, 2024 8:25:42 PM

I did the live review with a TurboTax expert and they told me a different answer. They said that I should enter the amount I pay per month, not the total for the year. 

Level 2
Feb 27, 2024 8:53:45 PM

It's so annoying because all of this confusion could have been avoided by just writing (annual or monthly) and also the part that askes the amount of months living in this place. They could instead have specified how many months in this year have you been living in this place. Totally avoidable. The web designer must have been stoned or something when he designed that section. I wrote my annual amount paid as the admin specified. Hoping I dont have issues down the road. 🤞

Moderator
Feb 28, 2024 6:24:39 AM

We have sent this out to our engineers- we appreciate your feedback. 

 

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New Member
Mar 9, 2024 11:02:06 PM

Hello, can I claim this credit if I never signed an agreement? I pay rent on a monthly basis and have proof, however. Thanks.

Moderator
Mar 10, 2024 10:12:29 AM

@ZaidaVi52 If you have a verbal agreement, then yes, you can claim the credit.

New Member
Mar 10, 2024 10:35:46 AM

Perfect, thanks.

Returning Member
Apr 5, 2024 6:35:14 PM

If I’m using a portion of my home for business and claim it as an expense for self-employed, will I still be able to claim the BC Renter’s credit?

New Member
Apr 12, 2024 7:10:15 PM

Hi! If we are renting a townhouse & my adult kids share in paying the rent, are they eligible to claim this credit? They are included in our rental agreement.

Moderator
Apr 13, 2024 7:28:23 AM

Note: Eligible tenants who rent and occupy an eligible rental unit under a rental or tenancy agreement together but are not married or in a common-law relationship with each other (roommates) may each claim their own renter's tax credit if all other criteria are met. 

 

Please read the following to see if they qualify to claim the credit.
B.C. renter's tax credit

 

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