Note these benefits and new services
Here are 11 of the most common credits and benefits for seniors. Pension income splitting
If you receive a pension, you may be eligible to split up to 50% of your eligible pension income with your spouse or common-law partner. Guaranteed income supplement
If you receive the guaranteed income supplement or allowance benefits under the old age security program, you can renew your benefit by filing your return by the filing deadline. Registered retirement savings plan
Deductible RRSP contributions can reduce your tax bill. You have until December 31 of the year in which you turn 71 to contribute to your RRSP. Registered disability savings plan
This savings plan can help families save for the financial security of a person who is eligible for the disability tax credit. RDSP contributions are not tax deductible and can be made until the end of the year in which the beneficiary turns 59. Goods and services tax/harmonized sales tax (GST/HST) credit
You may be eligible for the GST/HST credit, a taxfree quarterly payment that helps your offset all or part of the GST or HST you pay. To receive this credit, you must file an income tax and benefit return every year, even if you did not receive income. If you have a spouse or common-law partner, only one of you can receive the credit. The credit will be paid to the
person whose return is assessed first. Medical expenses
You may be able to claim the total eligible medical expenses you or your spouse or commonlaw partner paid for you, your spouse or commonlaw partner, or you or your spouse’s or common-law partner’s children who were born in 1999 or later, provided the expenses were made over any 12-month period ending in 2016 and were not previously claimed. This can include amounts claimed for attendant care or care in an establishment. Age amount
If you were 65 years of age or older on December 31, 2016, and your net income was less than $83,427, you may be able to claim up to $7,125. Pension income amount
You may be able to claim up to $2,000 if you reported eligible pension, superannuation, or annuity payments on your tax return. Disability amount
If you, your spouse or common-law partner or your dependent has a severe and prolonged impairment in physical or mental functions and meets certain conditions, they may be eligible for the disability tax credit (DTC).
To determine eligibility, you must complete Form T2201, Disability Tax Credit Certificate and have it certified by a medical practitioner.
Canadians claiming the credit can file online whether they have submitted the form to the CRA for that tax year or not.
Family caregiver amount
If you are caring for a dependant with an impairment in physical or mental functions, you may be able to claim up to $2,121 when calculating certain non-refundable tax credits. Non-refundable tax credits reduce your federal tax. If the total of the non-refundable tax credits is more than your federal tax, you will not get a refund for the difference. Public transit amount
You may be able to claim the cost of monthly or annual public transit passes for travel within Canada on public transit in 2016.
For more information on topics and services of interest to seniors, visit cra.gc.ca/seniors. New and improved
This tax-filing season, many important changes and improvements were made to services, benefits, and credits for Canadians. Here's what you need to know. Benefits and credits
Canada child benefit (CCB): The CCB is a taxfree monthly payment made to eligible families
to help them with the cost of raising children under the age of 18. The CCB might include the child disability benefit and any related provincial and territorial programs. It replaces the Canada child tax benefit, national child benefit supplement and the universal child care benefit.
Eligible educator school supply tax credit: Eligible educators may be able to claim a 15% refundable tax credit based on up to $1,000 of eligible teaching supplies bought during the tax year. New services
Express NOA: This new service delivers an instant assessment result message and provides a notice of assessment directly into the certified tax software the next day. To use the service, you must be registered for online mail and file electronically using a certified tax software.
Account alerts: As a fraud prevention measure, this new service notifies you by email when an address has changed, banking information for direct deposit has changed, or if mail sent to you by the Canada Revenue Agency was
returned. You may register for this service through My Account or MyCRA mobile app.
Link between My Account and My Service Canada Account: You can now access these two accounts through a single sign-in session.
MyBenefits CRA mobile app: You can use the CRA's new web-based mobile app to securely view your next benefit payment dates and amounts, the status of your CCB application, update your marital status, and change information about children in your care. Enhanced services
Online mail: This service provides you with the option to sign up to receive certain CRA correspondence in your secure CRA My Account instead of by paper mail. Throughout 2016 additional types of correspondence were added to the online mail service, including benefit notices and slips, and instalment reminders.
Community Volunteer Income Tax Program (CVITP): The CVITP helps Canadians with modest income and a simple tax situation by preparing their tax returns free of charge. This year, we are recruiting more organizations and volunteers to help expand the program in more communities. Now more Canadians than ever can receive help to do their taxes and ensure they are receiving the credits and benefits they are eligible for.
Auto-file my return: Enhancements to this service include extended log-in sessions so you can
stay logged into the service for a longer period than before, more tax slips, and the use of the service for previous-year returns.
MyCRA mobile app: The MyCRA mobile app now allows you to update your marital status and sign up for account alerts. Other changes
Income splitting tax credit: The family tax cut has been eliminated for the 2016 year and future tax years. However, if you are receiving a pension, you may be able to split your eligible pension income with your spouse or common-law partner to reduce your taxes.
Children’s fitness tax credit: For 2016, the maximum eligible fees in the year is reduced from $1,000 to $500, but the additional amount of $500 for children eligible for the disability tax credit has not changed. Therefore the maximum credit is reduced to $75 ($150 for a child eligible for the disability tax credit).
Children’s arts tax credit: For 2016, the maximum eligible fees in the year is reduced from $500 to $250, but the additional amount of $500 for children eligible for the disability tax credit will not change. Therefore the maximum credit is reduced to $37.50 ($112.50 for a child eligible for the disability tax credit).