Line 20 - School taxes in Manitoba for 2024
Line 20 - School taxes in Manitoba for 2024
If you were a homeowner, enter on line 20 of your Form MB479 the school taxes for your principal residence in Manitoba for 2024 after you deduct any education property tax credit advance you received. Do not deduct the school tax rebate included on your property tax statement, if any.
Note
If your property is used for more than one purpose (for
example, residential and farm, or commercial, or a
multi-dwelling unit), use only the part of the school taxes
that applies to your principal residence.
If you moved from one residence that you owned to another residence, claim the amount of school taxes you paid that applies to the time you lived in each residence.
School taxes paid for mobile homes
If you own a mobile home and it is situated on land that you or your spouse or common-law partner do not own, you may be eligible to claim either of the following amounts as school taxes under the education property tax credit.
For the mobile home itself:
-
If the mobile home is an assessable property as defined in the Municipal Assessment Act, you can claim the school taxes, or
-
If the mobile home is situated in a licensed mobile home park, you can claim 50% of the licence fee payable on the mobile home under a by-law of a municipality for the licensing of mobile homes
Additionally, for the land the mobile home is situated on:
-
If the mobile home is situated on land that is rented or leased, you can claim 10% of the land rental fees payable for the mobile home
Note
If you (or your spouse or common-law partner) rent a
mobile home as your principal residence, you may be
eligible to claim your rent under the renters tax credit.
A resident of a mobile home cannot claim both the
education property tax credit and renters tax credit.
|
|
|