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ojensen
New Member

for "Ontario Senior Homeowner's Property Tax Grant", we pay an accomodation fee of $27,654 in a retirement residence. do we claim that amount as rent?

The form says "Enter the amount(s) paid for rent, property tax, home energy costs for a principal residence on a reserve, and/or accommodation in a public long-term care home. " so I tried to enter the amount as rent and turbo tax keeps telling me I have to tell them how much property tax I paid. I don't understand why it won't accept my rent amount.
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Accepted Solutions

for "Ontario Senior Homeowner's Property Tax Grant", we pay an accomodation fee of $27,654 in a retirement residence. do we claim that amount as rent?

The Ontario Senior Homeowners' Property Tax Grant (OSHPTG) is an annual grant provided by the province to help senior homeowners with low- and moderate incomes pay their property taxes.

The grant you receive depends on your marital status, the property taxes you paid, and your adjusted family net income. The maximum grant payable is $500.

 

If you are renting, you will not qualify for this grant. 

 

However, you may qualify for the Ontario Trillium Benefit. This is where you will see the following page—and how you will fill it out:

 

Thank you for choosing TurboTax.

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2 Replies

for "Ontario Senior Homeowner's Property Tax Grant", we pay an accomodation fee of $27,654 in a retirement residence. do we claim that amount as rent?

The Ontario Senior Homeowners' Property Tax Grant (OSHPTG) is an annual grant provided by the province to help senior homeowners with low- and moderate incomes pay their property taxes.

The grant you receive depends on your marital status, the property taxes you paid, and your adjusted family net income. The maximum grant payable is $500.

 

If you are renting, you will not qualify for this grant. 

 

However, you may qualify for the Ontario Trillium Benefit. This is where you will see the following page—and how you will fill it out:

 

Thank you for choosing TurboTax.

ojensen
New Member

for "Ontario Senior Homeowner's Property Tax Grant", we pay an accomodation fee of $27,654 in a retirement residence. do we claim that amount as rent?

Brenda,

Thanks for your response, I will check the Payments Related to Principal Residence as you suggested

Ole