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Get benefits, credits, and claim other expenses

As a senior, you may be eligible for benefits and credits when you file your return, such as the:

  • goods and services tax / harmonized sales tax credit
  • related provincial or territorial benefits and credits

If you owe money this year, you may be able to claim credits that will lower what you owe at tax time. For example, you may be able to claim the:

  • Canada caregiver credit
  • disability tax credit
  • medical expense tax credit
  • home accessibility tax credit
  • age credit
  • pension income credit

Also, you may be able to take advantage of pension income splitting.>

Do you receive the guaranteed income supplement? The supplement is a monthly benefit for old age security pension recipients who have low income and are living in Canada. If you receive the supplement, by filing your return on time you will avoid any delay in the payments for which you are eligible.

If you’re a resident of Alberta, Saskatchewan, Manitoba, or Ontario, you may be eligible for the climate action incentive payment when you file your 2020 return. You could receive a larger payment if you live in a small or rural community. The incentive will first lower the taxes you might owe, then create or increase your refund.

Making sure you claim potential benefits and credits is important. It helps you pay for what you need, and puts more money in your pocket. Do your homework on the benefits and credits you may be eligible to receive so you don’t miss out!

Ontario Seniors’ Public Transit Tax Credit

If you’re 65 years or older, find out if you could get a tax credit to help with public transit costs.

You can claim up to $3,000 in eligible public transit expenses and receive up to $450 each year.

For 2017, you can only claim up to $1,500 in transit expenses incurred on or after July 1, 2017 and receive up to $225.


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  • Focus on what you do best!
  • Bookkeeping is the Key to Lasting Success!
  • Make Your Financial Dreams A Reality!
  • You have access to your own documents, reports and financial statements anywhere.

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