The tax credit for seniors’ activities in Quebec is a non-refundable tax measure designed to encourage seniors to participate in physical, artistic, cultural, or recreational activities. This credit aims to promote the well-being of seniors by offering a reduction in their income tax for the expenses incurred in these activities.
Purpose of the seniors’ activities tax credit
The seniors’ activities tax credit was designed to help individuals aged 70 and over stay active and engaged. It encourages seniors to participate in activities beneficial to their health and well-being. Along with other measures, it helps reduce the financial burden on seniors while improving their quality of life.
What are the eligibility requirements?
To be eligible for this tax credit, you must meet the following criteria:
- Be 70 years or older during the tax year,
- Be a resident of Quebec at the end of the tax year,
- Have paid fees to participate in eligible physical, artistic, cultural, or recreational activities.
The activities must be structured, meaning they must be supervised by an organization or qualified instructor to be eligible. Examples include:
- Physical activities: gym classes, swimming, yoga, dancing, etc.
- Artistic and cultural activities: painting, music, theater, sculpture classes, etc.
- Recreational activities: craft workshops, book clubs, organized board games, etc.
These activities must be offered by recognized organizations such as municipalities, community centers, non-profit organizations, or private establishments.
What is the amount of the tax credit?
The tax credit is calculated based on the registration fees paid for eligible activities. In 2023, the maximum eligible fees for the seniors’ activity tax credit were $400 per year.
The credit rate is 20% of the eligible fees. Therefore, the maximum credit you can receive is $80 per year (20% of $400).
How to claim the tax credit
You must claim this tax credit when preparing your Quebec tax return. Eligible fees should be listed on the appropriate forms (usually in Schedule A).
Keep receipts or proof of payment for the registration fees of activities, as Revenu Québec may request them to verify your eligibility for the credit.
Restrictions and exceptions
This is a non-refundable credit, meaning it can reduce your taxes owed, but you will not receive any money if the credit exceeds the amount of tax you owe. Additionally, eligible fees cannot be used to claim another tax credit.
For example, if activity fees have already been used for a sports activity tax credit, they cannot be claimed for this credit.
Get personalized advice to maximize your credit
By understanding the eligibility criteria, the activities covered, and the procedures for claiming the tax credit for seniors’ physical activities, you can maximize your tax benefits while enjoying an active and fulfilling life.
To maximize this credit, consider registering for multiple eligible activities throughout the year. Additionally, if both you and your spouse meet the eligibility criteria, each of you can claim this tax credit, doubling the tax benefits for your household.
To further discuss your options and optimize your tax returns, schedule a meeting with one of our tax accountants!
