Grant for seniors to offset a municipal tax
increase - Quebec line 462
For municipal taxation years 2016 and later, any senior may be
eligible for a grant that is intended to partially offset the
increase in municipal taxes payable on his residence.
If you are a senior, you may apply for this grant, if all the
conditions below are met:
A) Your residence is an entirely residential assessment unit
consisting of only one dwelling, and it serves as your
principal residence.
B) You received (or were entitled to receive) a municipal tax
bill in your name for the residence for 2022. If you co-owned
the residence, the municipal tax bill may have been issued in the
other co-owner's name.
C) On December 31, 2021, you:
- were a resident in Québec.
- were 65 or over; and
- have owned your residence for
at least 15 consecutive years (note that this
period can include a period during which your spouse owned the
residence before transferring ownership to you).
D) Your family income for 2021 (the
amount on line 275 of your income tax return plus, if you had a
spouse on December 31, 2021, the amount on line 275 of his or
her return) was $53,300 or less.
For more information, please visit the following link:
https://www.revenuquebec.ca/en/citizens/income-tax-return/completing-your-income-tax-return/completing-your-income-tax-return/line-by-line-help/451-to-480-refund-or-balance-due/line-462/point-29/
To claim this grant, please follow these steps:
1 - On the left side menu of the " Interview "
tab select the item "Quebec tax credits";
2 - In the screen on your right, go to the "Quebec line 462"
group and click the plus sign icon "+" to
the right of the line "TP-1029.TM - Grant for seniors to
offset a municipal tax increase";
3 - On the page that appears, enter all the required
information.
Form TP-1029.TM will be generated under the
program.
This amount is reported on line 462 of the Quebec return, with
Code 29 entered on line 461.
ID: 20211020142338CA.xml
Webpage: KPA365-20211020142338CA.htm
