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G
gkd
March 3, 2024
Question

Does the B.C. renters tax credit have a ceiling on you income?

  • March 3, 2024
  • 1 reply
  • 0 views
how does the British Columbia renters tax credit work

    1 reply

    TurboTaxSusan
    TurboTaxSusan
    March 3, 2024

    For the 2023 tax year, the maximum renter’s tax credit you may receive is $400. The credit is reduced by 2% of the amount by which your 2023 adjusted income exceeds $60,000. The credit is reduced to zero at $80,000.

    G
    gkdAuthor
    March 6, 2024

    Thank you for the answer that I needed.

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