[Manitoba Fitness Tax Credit for Children and Young Adults]

Thanks Geo123. My son is 17 years old. But according to the following policy, my son should be eligible too.

[Manitoba Fitness Tax Credit for Children and Young Adults]

Thank you Geo123.

But why I can not find "Children's arts amount"? I even don't find the upper section "Child care". Below is what is shown on my screen.

[Manitoba Fitness Tax Credit for Children and Young Adults]

Hi, All 

I need help. I can't find cell for MB line 58326. It is for subject non-refund tax credit in Manitoba.

The help tell me it is is MB428 section. But I don't find it in UFILE window version.

[The cost about music and science activity for kids]

8 hours ago, Geo123 said:

Hello Taxreturn,

Manitoba Fitness Tax Credit for Children and Young Adults

Manitoba child fitness tax credit is a non-refundable tax credit, and is calculated using the Manitoba lowest tax rate of 10.8%.  Each individual who is resident in Manitoba at the end of the taxation year and is less than 25 years of age can claim up to $500 for fees paid in the year for registration or membership for a prescribed program of physical activity.

 

Newfoundland & Labrador Refundable Physical Activity Tax Credit

Effective for 2021 and later years, for individuals who are residents of NL at the end of the taxation year:

 

Nova Scotia Refundable Children's Sports and Arts Tax Credit

First available for the 2022 taxation year, this refundable tax credit is for eligible costs for programs of artistic, cultural, recreational or developmental activity or physical activity.

 

Saskatchewan Refundable Active Families Benefit

As per the Saskatchewan 2021 Budget, the Active Families Benefit is being reinstated, retroactive to January 1, 2021.

 

Yukon Refundable Child Fitness Tax Credit

Yukon has a refundable child fitness tax credit that was based on the federal tax credit.  The Yukon Child Fitness Credit became refundable in 2015.  Yukon tabled amendments so that the reduction and elimination of the Federal Children's Fitness Credit did not reduce or eliminate the Yukon Children's Fitness Credit.

 

Quebec - Tax credit for children's activities and Quebec - Tax credit for children's activities

Hi, Geo123,

I see, thanks a lot.

[RRSP]

Hello, Curmudgeon

Thank you for your help. But I am still confused.

- I put $2,000 into my RRSP. My employer put $2,000 into my RRSP. It is totally $4,000. "If you put $1,000 into the cell, you will get a $3,000 deduction for 2023 "  Why is $1,000 less? Just because of putting $1,000 to the cell? If like this, where is the $1,000? Be transferred back to my normal bank account? 

- Could you tell me in what situation people need to input to this cell. Why they don't want to transfer unused limit to next year? 

[The cost about music and science activity for kids]

Hello, All, good day.

I am wondering where I could import the cost for my son's music and science activity?

I only know this kind of cost is tax free, but I don't find where I can key in.

Thanks a lot.

[RRSP]

On 3/24/2024 at 3:28 PM, Geo123 said:

Hello Taxreturn,

This entry means the current year RRSP deduction will be $0 and the entire amount is carried forward.

Hello, Geo123,

According to my example (mentioned on ahead) I should input 1000.00 into this cell. Right?

 

[RRSP]

Hi, All

I have a question about RRSP roll down to next year. For example, my RRSP deduction limit is $5000 in 2023. I contributed $2000 to RRSP in 2023 and first 60 days of 2024. And my employer contributed $2000 during this time as well. So, I have $1000 can be transfer to next year. Does it mean I shall fill 1000 into the cell show in below picture?