Claiming Rent on Your Taxes in Ontario

Ontario Energy and Property Tax Credit

You can apply for the Ontario Energy and Property Tax Credit if you have a low to middle-income and you live in Ontario. This tax credit helps with rent and property taxes paid to your municipal government and is part of the Ontario Trillium Benefit.

How Much Can You Receive?

Your tax credit amount is determined by the following:

• your income
• your age
• marital status/family size
• how much you paid for property tax or rent on your principal residence in the current tax year
• how much you paid in energy bills
• how much you paid for a public nursing home in the tax year, and your adjusted family net income
• whether you lived in a designated Ontario university, college or private school residence

Check out the CRA online calculation sheets to see what you might qualify for.

How Do You Apply?

TurboTax Free makes it easy to apply for the Ontario Trillium Benefit with easy step-by-step directions. When using TurboTax Free, click on the heading titled Provincial and click Get Started.  Click on Continue and answer Yes to the question, “Did any of these apply to you and you want to apply for the OEPTC?”  Click on Continue and you will be prompted to enter the details of your rent paid.

If you file your taxes without using TurboTax, you will need to apply for this tax credit by filling out Form ON-BEN (Application for the Ontario Trillium Benefit and the Ontario Senior Homeowners’ Property Tax Grant). This is included as part of your personal income tax and benefit return.

It’s worth filing your tax return even if you do not have a balance owing, as this is a refundable tax credit. You still receive it, even if you do not have any taxable income. File your tax return on time as filing after April 30 could delay your payment; and, be sure to apply each year if you qualify for the benefit.

How will you receive payment?

If you qualify for the OEPTC benefit, it will be added to the payment for the Ontario sales tax credit and/or the NOEC, and you’ll receive one combined Ontario Trillium Benefit (OTB) payment. The OTB payment is generally made in 12 monthly payments but may be issued as a single payment.

For the 2024 benefit year, if you qualify for:

• more than $360, you will have a choice between:
  • monthly payments starting July 2025
    or
  • a single payment in June 2025. You get the same total amount regardless of which option you choose
• $360 or less, you will receive a single payment in July 2024
• more than $2 but less than $10, it will be increased to $10
• $2 or less, you will not receive a payment

More information on the OEPTC can be found here: Govt of Ontario Trillium Benefit.

Which TurboTax is Best for You?

You have a simple return so why not try filing for free with TurboTax Online Free, a no-charge edition of our software. Or you can start your return using Free, and if you feel the need for additional assistance, you can upgrade to any of our paid editions or even get Live help from an expert. But don’t worry, while using the online version of the software when you choose to upgrade, your information is instantly carried over so you can pick up right where you left off.