BC Rent Tax Credit

[JamesJones]

Was the BC rent tax credit available for prior years and the current year? If so, how can I claim the BC rent tax credit when filing taxes with UFile?

[Geo123]

Hello JamesJones,

B.C. renter's tax credit will only be available in 2023.

Budget 2023 proposes an annual income-tested renter’s tax credit that will give $400 to low- and moderate-income renter households with an adjusted income of $60,000 or less. Those with an income that is more than $60,000 and less than $80,000 may receive a reduced amount.

https://www2.gov.bc.ca/gov/content/taxes/income-taxes/personal/credits/renters-tax-credit#how-much-credit

[Richard A]

In order to claim this credit will Ufile be updated to allow the filer to state whether they are renting?

[key]

What if you already filed your taxes?

Can you still apply for the renters credit?

[Geo123]

Hello key,

Yes you can. 

 Refile with UFile ONLINE for Tax Year 2022 AND Tax Year 2023

---------------------

UFile allows to ReFILE  your 2022 (and 2023 tax return) .

Note for the prior tax years you should make the adjustment: T1-ADJ

1)      If you tax return was successfully submitted, please go to « NetFile  » tab [5].

-          - - > Federal  [ ] File accepted

Click on "Federal submission" section. On the bottom right hand side of the page, click "Re-FILE".

“If you need to electronically submit a modified federal return, please return to the left side menu under the interview and select CRA ReFILE.”  < - - - CLICK ReFile

 

NOTE: A new page "CRA ReFile" will appear in the left menu of the "Interview" tab.

2)      Select the section from the Left-side menu, then click "Federal ReFILE Mode".

Follow the instructions on the page.

NOTE: A new page "CRA ReFile" will appear in the left menu of the "Interview" tab.

Select the section from the Left-side menu, then click "Federal ReFILE Mode".

(on the left hand side of the page above Interview setup)

Identification

Current address

CRA questions

 NetFile

 CRA ReFILE   < - - --HERE

 CRA Auto-fill my return

 CRA Express NOA

 

3)      Make the appropriate changes to your file.(same as in “normal” UFile)

**VERY IMPORTANT! ** You cannot update your marital status, address, direct deposit or email address by using the service ReFILE.  If you have split-pension you must mail it in using a T1 - ADJ. 

4)      Click "Review" tab, then click "NETFILE" tab.

Tick the box "I agree with the ReFILE Terms and Conditions and Private Notice".

Click "ReFILE my return now!".

(is displayed at bottom right of NetFile screen "Select CRA REfile)

-àFor Revenu Quebec same process applies but for Revenu Quebec ReFile

Note that cannot refile with Quebec until you have received your assessment

**prior years via CRA T1-ADJ

NOTE : You can not ReFile if you did not originally NetFile.  You must do a T1-Adjustment.