topic Does school and property tax affect my return in Investors and rental owners https://turbotax.community.intuit.ca/community/investments-rentals/discussion/does-school-and-property-tax-affect-my-return/01/896858#M1039 Wed, 30 Oct 2019 07:09:38 GMT bwepp5 2019-10-30T07:09:38Z Does school and property tax affect my return https://turbotax.community.intuit.ca/community/investments-rentals/discussion/does-school-and-property-tax-affect-my-return/01/896858#M1039 Wed, 30 Oct 2019 07:09:38 GMT https://turbotax.community.intuit.ca/community/investments-rentals/discussion/does-school-and-property-tax-affect-my-return/01/896858#M1039 bwepp5 2019-10-30T07:09:38Z That depends on the province you lived in on Dec 31, 2016... https://turbotax.community.intuit.ca/community/investments-rentals/discussion/that-depends-on-the-province-you-lived-in-on-dec-31-2016/01/896860#M1040 <P>That depends on the province you lived in on Dec 31, 2016.&nbsp;</P><P>In Ontario, you enter the amount for information purposes only. It will not change your bottom line. It is to apply for the Trillium benefit that you may receive each month.</P><P>Manitoba - You enter your property taxes and it will impact the bottom line.&nbsp;</P><P>All other provinces, the property tax does not impact the bottom line.&nbsp;</P> Wed, 30 Oct 2019 07:09:40 GMT https://turbotax.community.intuit.ca/community/investments-rentals/discussion/that-depends-on-the-province-you-lived-in-on-dec-31-2016/01/896860#M1040 TurboTaxEsther 2019-10-30T07:09:40Z
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topic Does school and property tax affect my return in Investors and rental owners
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That depends on the province you lived in on Dec 31, 2016...
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https://turbotax.community.intuit.ca/community/investments-rentals/discussion/that-depends-on-the-province-you-lived-in-on-dec-31-2016/01/896860#M1040
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<P>That depends on the province you lived in on Dec 31, 2016.&nbsp;</P><P>In Ontario, you enter the amount for information purposes only. It will not change your bottom line. It is to apply for the Trillium benefit that you may receive each month.</P><P>Manitoba - You enter your property taxes and it will impact the bottom line.&nbsp;</P><P>All other provinces, the property tax does not impact the bottom line.&nbsp;</P>
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