Claiming the Work Premium Tax Credits
If you meet the eligibility requirements, you can claim the work premium tax credits:
- by completing Schedule P when you file your income tax return; or
- by applying for advance payments.
The amount to which you are entitled is the same whether you claim the credit when you file your income tax return or apply for advance payments using our online services or forms. However, your advance payments will not be 100% of the work premium to which you expect to be entitled for the year. For more information, see Advance Payments of the Work Premium Tax Credits.