TPZ-1029.MD.5-V - Tax Credit for Home-Support Services for Seniors

Information Sheet

This form must be completed by every syndicate of co-owners that must report the cost of eligible services included in the condominium fees (common expenses and contributions to a contingency fund) of one of the co-owners so that the co-owner can claim the tax credit respecting these services.

Tax credit and eligible services

The tax credit for home-support services for seniors is available to persons aged 70 or older who are Québec residents and pay to receive eligible home-support services.

To calculate the cost of these services for a given year (from January 1 to December 31), you must first complete Work chart TPZ-1029.MD.5.C-V, Cost of Eligible Services Included in Condominium Fees. The only costs that can be entered on the work chart are those covering eligible home-support services that, if included in condominium fees, can give entitlement to the tax credit for home-support services for seniors.

What are the obligations of syndicates of co-owners?

You must complete form TPZ-1029.MD.5-V if a senior citizen living in the residential complex held in co-ownership requests it before the end of the year and if the following criteria are met:

• the senior declares that he or she (or the person with whom the senior shares the condominium) will turn 70 before the end of the year;
• the senior (or his or her spouse) owns a condominium apartment in the residential complex; and
• condominium fees include the cost of at least one eligible home-support service.

Once form TPZ-1029.MD.5-V is completed, you must provide two copies to the senior citizen who made the request and one copy to Revenu Québec no later than the last day of February of the year following the year for which the senior citizen requested the information return. For example, the form for 2012 must be filed no later than the last day of February 2013. The senior citizen will enclose a copy of this form when filing his or her 2012 income tax return.

The law provides for a penalty of $25 for each day that the form is late, to a maximum of $2,500.

Note :

If in 2013 (in May, for example), a senior citizen turns 70 or becomes a co-owner, he or she may require the syndicate of co-owners to complete Work chart TPZ-1029.MD.5.C-V so that he or she may apply for advance payments of the tax credit. In such a case, the syndicate of co-owners can provide a photocopy of the 2012 work chart completed for 2012.

Sending the form

Once you have completed and signed the form, send it to

Revenu Québec
3800, rue de Marly
C. P. 25100, succursale Terminus
Québec (Québec)   G1K 0B1

Questions?

For more information or to access a form, visit our website at www.revenuquebec.ca.

You can reach us at

• 418 659-6299 if you live in the Québec City area;
• 514 864-6299 if you live in the Montréal area;
• 1 800 267-6299 (toll-free) if you live elsewhere in Québec.