Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
R
rhung_99_c
April 18, 2024
Question

If my principal residence is owned by my parents and they pay the property tax, am I allowed to claim the OEPTC tax credit?

  • April 18, 2024
  • 1 reply
  • 0 views
If I am able to claim this, my following question is does it make sense for me to claim in order to maximize my tax refund since both my parents are retired? Or is this benefit not included in tax refund calculation?

    1 reply

    T
    Community Manager
    TurboTaxBrendaCommunity Manager
    Community Manager
    April 18, 2024

    If you pay rent to live in a house, then you are eligible to claim it as part of the Trillium Benefit. Please note that this benefit is separate from your tax refund and is paid out separately. 

    Thank you for using TurboTax.

    TurboTax Sign In Widget
    TurboTax flag icon

    Unlock tailored help options in your account

    Create an account
    TurboTax Expert Assist
    TurboTax Expert

    Get answers to all your tax questions

    Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

    Terms & ConditionsCookie settingsAccessibility statement
    Intuit
    TurboTax Credit Karma QuickBooks MailChimp

    ©1997-2022 Intuit, Inc. All rights reserved.
    Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
    of Intuit Inc. Terms and conditions, features, support, pricing, and service options
    subject to change without notice.

    Security Certification of the TurboTax Online application has been performed by
    C-Level Security.

    By accessing and using this page you agree to the Terms of Use.

    Accessibility

    TRUSTe nResult Certified e-File C-Level Security Certification