The Ontario Staycation Tax Credit only applies to leisure stays between January 1, 2022, and December 31, 2022, so you can’t claim it until your 2022 tax return. You can find more information on the Ontario Ministry of Finance website: Ontario Staycation Tax Credit
Thanks Eric. A quick check doesn't reveal this worksheet as something that's available on TurboTax. When I check CRA's website, it only has a 2021 form avaialable with nothing that indicates Staycation Tax credit. I assume I'm just too early for the CRA to catchup on the ontario forms and then the TurboTax developers to complete this.
have you seen a 2022 form with staycation as a line item?
The stay-cation tax credit will end up on Line 47900 of your T1 General form. I will attach some pictures for you to view that should help, but if you double click on line 47900 from the T1 General, it will bring you to form ON479. From there, you will scroll to the top of form ON479 where you will find the Ontario stay-cation tax credit area. Double click on the cell for line 63052. This will bring you to the worksheet where you can populate your calendar 2022 accommodation information (ON479 Worksheet).
Pro Tip: I found that I could not select "Family" or "Individual" for the stay-cation tax credit on form ON479. I had to drill down into line 63052 and populate the information there first. The software then takes care of the "Family" or "Individual" selection and assigns the limits.
In case you are wondering what expenses are eligible or not, you can refer to the Ontario.ca website below.
Hi, does anyone already found where to put this credit through the turbotax online 2022? Turbo tax put the announcement like this:
Updated tax changes for 2022
The refundable Staycation Tax Credit allows Ontarians to claim 20% of eligible accommodation expenses up to $1,000 for an individual or $2,000 for a family, for a max credit of $200 or $400, respectively.
But there is no where to put the amount?
Also I can't find where to enter the form "worksheet ON479" as mentioned here, on the turbotax online version.
I don't know about the Turbo Tax online version and it's functionality, but the actual form name in the software version of turbotax is "ONWS ON479" in case there is a search function for forms you can use.
Please be advised that the Ontario Staycation credit is now available in TurboTax Online. To apply for the credit, you can select Provincial, then Provincial Tax Credit Profile.
I know where to find the various forms, but when I put in the data (fund amount) it does not add it in to the total. I used the override feature to put in the total manually, but then TurboTax indicates I cannot file electronically with this override. Is this a glitch in the TurboTax form?