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Returning Member
posted Feb 23, 2020 9:03:04 AM

Propert tax

Our previous tax preparers have never asked for our property tax bills, in  the download version I entered the school tax credit we received, but then it asks for the assessment amount. Which number is this? The total amount of school taxes? With or without the credit?  Why have I never been asked this by previous tax preparers before? 

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1 Replies
Level 5
Feb 29, 2020 6:54:09 AM

Hello,

Are you in the Provincial portion of your return?

Provinces have different tax credits and benefit programs, where for example Ontario would use the amount of Property Taxes or Rent you paid for your principal residence to determine the amount of Ontario Trillium benefits you would be entitled to, if any. In Ontario's case they request the Role number associated with your property tax bill. These benefits are income dependent and diminish as the applicant's income increases.  

 

I cannot answer for why other preparers did not ask this information from you before.