Calculating the Tax Credit for Home-Support Services for Seniors
For 2022, the tax credit for home-support services for seniors is equal to 36% of your eligible expenses. The rate will increase by 1% each year until it reaches 40% in 2026. See the table below for the annual expense limit depending on whether you are a dependent senior or a non-dependent senior).
| Situation | Annual expense limit | Maximum tax credit for the year |
|---|---|---|
| Single non-dependent senior | $19,500 | $7,020 (36% x $19,500) |
| Couple of non-dependent seniors | $39,000 | $14,040 (36% x $39,000) |
| Single dependent senior | $25,500 | $9,180 (36% x 25,500) |
| Couple with one dependent senior and one non-dependent senior | $45,000 | $16,200 (36% x $45,000) |
| Couple of dependent seniors | $51,000 | $18,360 (36% x $51,000) |
To confirm that you or your spouse is a dependent senior, you must provide a written certificate from a physician or specialized nurse practitioner. You can use form TPZ-1029.MD.A-V, Certification of Dependent Senior Status: Tax Credit for Home-Support Services for Seniors.
Reduction based on family income
The tax credit is reduced if your family income is over $61,725. The reduction varies depending on your situation (see the table below).
| Situation | Reduction |
|---|---|
| Non-dependent senior or couple of non-dependent seniors | 3% of the part of your family income that exceeds $61,725 but is less than $100,000 + 7% of the part of your family income that exceeds $100,000 |
| Dependent senior or couple that includes at least one dependent senior | 3% of the part of your family income that exceeds $61,725 Maximum reduction: 1% of eligible expenses |
Calculation of eligible expenses
Which services and expenses are eligible depends on the type of dwelling you live in (private seniors' residence, apartment building, condominium, house or health establishment). For more information, see Eligible Services and Expenses Based on Your Place of Residence.
Any reimbursement received to cover expenses reduces the amount of expenses eligible for the tax credit for home-support services for seniors. Likewise, any reimbursement received to cover rent reduces the amount of rent used to calculate eligible expenses.
However, financial assistance received in a form other than a reimbursement and the use of which you are not required to account for (such as the shelter allowance) does not reduce the amount of your eligible expenses.