392 – Tax credit for recent graduates working in remote resource regions

You may be entitled to the tax credit for recent graduates working in remote resource regions if you were employed in such a region in 2016 and you meet the following requirements:

  • You were resident in a remote resource region of Québec on December 31, 2016.
  • You ordinarily worked in the remote resource region for a business that your employer carried on in the region.
  • Your duties were related to the field of specialization in which you successfully completed training leading to a recognized diploma (generally a diploma certifying the completion of vocational training at the secondary level or technical training at the college level, or a diploma or degree certifying the completion of a university education).
  • You are in situation 1 or 2 below.
    1. Your employment began in the 24 months following either the date on which you successfully completed the training leading to a recognized diploma, or, where the recognized diploma was a master's or doctoral degree that required you to write an essay, a dissertation or a thesis, the date on which you obtained the diploma after completing the essay, dissertation or thesis in question.
    2. You were entitled to this tax credit for a previous year and were resident in a remote resource region of Québec throughout the period beginning at the end of that previous year and ending on December 31, 2016.  

The amount of the tax credit cannot exceed 40% of your eligible salary or wages. The maximum credit is $3,000 per year, up to a cumulative limit of $10,000 or $8,000, as applicable. Once you reach the cumulative limit, you can no longer claim the tax credit.

If you meet all the requirements above and are therefore entitled to the tax credit in 2016, the cumulative limit is $10,000, provided the duties of the employment you held in 2016 were related to the field of specialization in which you successfully completed training leading to a recognized college or university diploma and

  • you were entitled to the credit for the first time in 2016;
  • you were entitled to the credit in 2013, 2014 or 2015 for employment giving entitlement to the $10,000 cumulative limit; or
  • you were entitled to the credit in a previous year for employment giving entitlement to the $8,000 cumulative limit and the employment you held in 2016 is new employment that began in the above-mentioned 24-month period.

The cumulative limit is $8,000 in all other cases.

Note
  • You cannot claim this tax credit for income earned as a self-employed person.
  • You can claim this credit for a salary or wages earned in 2015 but received in 2016 even if you were not resident in a remote resource region on December 31, 2016, provided
    • you were resident in Québec on December 31, 2016;
    • the salary or wages earned in 2015 would have entitled you to the tax credit had you received that salary or those wages in 2015.

Form to enclose

Tax Credit for Recent Graduates Working in Remote Resource Regions (TP-776.1.ND-V)

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