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babs230
New Member

SK Home renovation Tax Credit, if it exceeds more than $6,000, should I claim the rest for next year?

Have probably over $10,000 of eligble expenses, how do I know which ones to claim?
1 Reply

SK Home renovation Tax Credit, if it exceeds more than $6,000, should I claim the rest for next year?

For tax year 2025, you can claim qualified expenses incurred on or after October 1, 2024, and on or before December 31, 2025. In future years, you'll only be able to claim expenses incurred during that tax year, so you can't carry forward amounts.

 

 

 

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