Some seniors missing out on tax credit for home upgrades
Ontario seniors have just a few more days to qualify for a tax credit for making renovations to their home that will improve accessibility.
The credit - which is valid for any work done to improve access and mobility in the home - can be applied to anything done from October 2011 to the end of 2012.
The actual credit is 15% of the cost of the renovations and seniors at all income levels can qualify.
The maximum amount a resident, including people who share a home with a relative who's a senior, can claim in any given year is $10,000 in renovations, which could entitle them to up to a $1,500 refund.
Home improvements such as insulation or roof repairs, or upgrades to increase a home's value such as a new garage door, aren't eligible - although a garage door opener might be. As would stair lifts, wheelchair ramps, handrails, adjustable counters, non-slip flooring and wider doors.
Installation of walk-in bathtubs and showers, lowering counters and
making light switches, electrical outlets and door locks easier for
access are also included in the eligible expenses, among a number of
By Gordon Powers, MSN Money
Posted by: Urbain Luce | Dec 22, 2021 2:34:03 AM
I'am 85 years old my wife is 80, we one our one home,
We need our shingle replaced on our house roof they are 25 years old now,
i am applying now before the dead line date Dec 2012,
Please contact me @ 1-807-887-3420
Posted by: Urbain Luce | Dec 22, 2021 2:38:49 AM
Posted by: Urbain Luce | Dec 22, 2021 2:48:00 AM
will be wating for a reply soon,
this is urgent,
Posted by: Tax info | Dec 22, 2021 8:11:45 AM
You have to get the work done, keep receipts, and claim on your tax return to obtain credit.
Posted by: Terra | Dec 22, 2021 10:38:46 PM
NO, a roof has nothing to do with mobility or improves access in your home. You cannot claim getting a new roof under this credit.
Posted by: Charles | Dec 22, 2021 10:40:16 PM
Urbain...Ask for and call references Ok?