How to claim Ontario's staycation tax credit on your tax return
People in Ontario who vacationed in the province last year can claim the trip on their upcoming tax returns, and here’s how to do it.
Introduced as a temporary, refundable personal income tax credit for 2022, the Ontario Staycation Tax Credit can be used by families and individuals who went on a leisurely trip somewhere within the province.
Through this credit, Ontarians can claim 20 per cent of their eligible accommodation expenses between Jan. 1 and Dec. 31, 2022.
“If you travelled for work, that wouldn’t count,” H&R Block tax specialist, Yannick Lemay, previously told CTV News Toronto. “We are excluding costs for food, entertainment, gas, and all extra expenses, but anything that goes for accommodation for travel, you can claim.”
Those who are looking to apply for this credit should have the receipts from their accommodation stays, Lemay noted.
“It’s up to $1,000 [for an individual], and it’s a 20 per cent rate credit, so that means Ontarians can get up to $200 back.”
Families and couples can claim up to $2,000 and get a maximum credit of $400.
HOW CAN I CLAIM THE STAYCATION TAX CREDIT?
When it's time to file your Income Tax and Benefit Return for last year, keep your eyes peeled for form ON479, which lists all of the refundable tax credits Ontarians can specifically claim.
"Many Ontario credits are calculated on this form, and then the total of credits calculated on this form goes onto the T1 returns on your federal tax return. It goes on line 47900," Lemay told CTV News Toronto Friday.
Ontario’s staycation tax credit can be found underneath the Ontario childcare access and relief from expenses (CARE) tax credit.
SO WHAT ELIGIBLE EXPENSES CAN I CLAIM?
Ontarians who stayed at a short-term accommodation for less than a month in province can claim the expenses through the credit – so long as it is a hotel, motel, resort, lodge, bed-and-breakfast, cottage, campground or vacation rental property.
The accommodation must have either been paid by you, or your spouse, partner, or eligible child.
All of the receipts from the eligible expenses must have the location, the date of stay, the name of who purchased the accommodations, and the cost. It should also have the amount of taxes you paid on the stay.
If all these conditions are met, Ontarians can claim the accommodation of one trip or multiple trips, and can be expensed up to $1,000 as an individual or $2,000 as a family.
WHAT CAN’T I CLAIM?
Vacations on boats, trains, or “other vehicles that can be self-propelled,” the province says, aren’t included with the tax credit. Timeshare agreements are also generally not included.
As for travel expenses, Ontarians cannot claim car rentals, fuel, flights, groceries, parking, or tickets purchased to visit location attractions. If the trip was also for school or work, it also cannot be claimed through the staycation tax credit.
Lastly, if the expenses were reimbursed – either by a friend or an employer – the stay cannot be claimed.
May 1 is the deadline for most Canadians to file their tax returns, with June 15 being the deadline for those who are self-employed.
Toronto Top Stories
BREAKING | Person pronounced dead following fire at 'very complex' building in west Toronto
CTVNews.ca Top Stories
Hundreds of American firefighters arrive in Canada to help battle wildfires
Hundreds of American firefighters have recently arrived in Canada to help battle wildfires and more are on the way, Prime Minister Justin Trudeau said Wednesday.
Can face masks help protect you from wildfire smoke? Health expert explains
An official recommendation to wear a mask to protect yourself from wildfire smoke is being echoed by health experts as plumes of smoke make their way across parts of Canada, causing poor air quality.
Here's how major cities in Canada and the U.S. look blanketed by wildfire smoke
Photos show smoke-filled skies in cities across Canada and the U.S. as air quality warnings were issued in wake of the hundreds of wildfires from Quebec and Ontario.
'Very, very hard to breathe': Experts call wildfires a 'major public health concern' for Canada
As forest fires rage across the country, experts are sounding the alarm over the physical and psychological impacts of the wildfires and saying that they pose a serious public health issue, which individuals and governments need to acknowledge and act upon.
WATCH | Rate hike 'may be the last straw' for some homeowners: mortgage broker
With the latest hike bringing Canada's key interest rates to levels not seen since 2001, one mortgage broker is warning that it may be 'the last straw' for some homeowners with variable mortgages.
Canadians more likely to support foreign interference inquiry than hearings: Nanos
Canadians are twice as likely to support a formal inquiry into foreign interference, as opposed to public hearings, according to new polling from Nanos Research for CTV News.
opinion | Eight takeaways from Prince Harry's seven hours on the witness stand
It's been a busy, tumultuous few days for Prince Harry, the Duke of Sussex as he took his place on the witness stand in his trial against the Mirror Group Newspapers. Here are royal commentator Afua Hagan's top takeaways from his two-day grilling.
Calgary mass killer Matthew de Grood seeks 'absolute discharge'
The man who was found not criminally responsible in the stabbing deaths of five people at a house party in Brentwood more than nine years ago is seeking more freedoms.
Trudeau shows no interest in compromising with Meta, Google over online news bill
Prime Minister Justin Trudeau is showing no interest in compromising with Meta and Google over a Liberal bill that would make them pay for Canadian journalism that helps the companies generate revenue.
Ontario man charged with first-degree murder in killing of Claudia Iacono outside Montreal salon
An Ontario man has been charged with first-degree murder in the death of Claudia Iacono, the daughter-in-law of Mafia associate Moreno Gallo, after she was gunned down at the wheel of her car in Montreal last month.
Woman, 55, dies after vehicle strikes 2 pedestrians in Cote-des-Neiges; second pedestrian seriously injured
A pedestrian has died after she and a fellow pedestrian were both hit by a vehicle Wednesday afternoon in Montreal's Cote-des-Neiges neighbourhood.
More evacuations in Quebec as record-breaking fires continue to burn
Quebec's wildfire season, which has forced thousands from their homes and left other communities on high alert, is the worst on record, officials said Wednesday,
VIDEO | 'Hate and discrimination have no place in any TVDSB schools': Investigation underway after pride flag torn down
Students at Sir Frederick Banting Secondary School in London, Ont. are being investigated after a video was posted online showing students tearing down a LGBTQ2S+ pride flag.
Special air quality statement remains in effect, rain possible over the weekend
As wildfire smoke blankets Ontario and eastern U.S., causing hazardous air quality and hazy skies, smoke in the Forest City is expected to remain until at least Thursday night.
City pitches new parking garage and extended free parking to aid downtown London, Ont.’s recovery
Since early in the COVID-19 pandemic, the Honk Mobile Parking App has offered two hours of free municipal parking in London’s core area business districts.
Poor air quality in Waterloo region and Guelph will continue into the weekend: Environment Canada
There's high levels of air pollution in Waterloo region and Wellington County as smoke plumes from wildfires burning in Quebec and northeastern Ontario continue to blow into the region, Environment Canada says.
Six Region of Waterloo councillors announce support for amalgamation
One unified city – that’s what six Region of Waterloo councillors say they want when it comes to the future of the region’s municipal governance.
Habitat for Humanity nears completion of new affordable housing units
The work never stops at Habitat for Humanity when it comes to building affordable homes for families in Waterloo region.
Wildfire west of Sudbury prompts evacuation order, total active fires in northern Ont. grows to 54
A northern Ontario forest fire that started west of Sudbury on Sunday morning has grown to more than 1,000 hectares and has prompted officials to issue an evacuation order for the immediate area as the number of active fires in the region grows.
Spreading wildfires prompt northeastern communities to evacuate
Communities affected by wildfires in the region are evacuating for safety reasons. The province says there is significant danger as several out-of-control wildfires affect air quality and physical safety.
‘Incompetent’ northern Ont. doctor loses his license to practise medicine
A northern Ontario doctor has been stripped of his medical licence for conduct described as “disgraceful, dishonourable or unprofessional.”
Special Air Quality Statement
Special Air Quality Statement | Wildfire smoke blankets Ottawa for a third day
Environment Canada has issued a special air quality statement for Ottawa, with the air quality at 10+ "very high risk" Wednesday morning. Conditions improved in the afternoon.
Plug-in air purifier blamed for row house fire in Craig Henry area
The Ottawa Fire Service says a plug-in air purifier is to blame for a fire on Craig Henry Drive Tuesday.
Centennial Lake fire being held; evacuation order in place until Friday
The wildfire at Centennial Lake, 150 km west of Ottawa, is being held by firefighters, but an evacuation order remains in effect until Friday.
VIDEO | Weapon and drug charges laid after Lakeshore ‘road rage’ incident
A “road rage” incident has led to multiple charges for two Windsor residents after allegedly wielding a replica firearm at another driver.
'I just feel so empty': Mother opens up after teenaged daughter’s body recovered by police
The body of a woman reported missing in January has been found by Windsor police and her mother is struggling with the confirmation that her daughter is gone.
Alleged murder of Windsor woman marks region's 4th case of femicide in last two years, says advocacy group
In the wake of a first-degree murder charge being filed against a Michigan man for killing his estranged wife, a 36-year-old Windsor woman, the head of an emergency shelter for women and children says femicide is a growing problem in Windsor-Essex.
Barrie councillors hear grim reality of housing affordability crisis
Barrie city councillors got a shocking but not surprising reality check into the affordability challenges facing many residents looking to put a roof over their heads.
Simcoe County working towards plan to address homelessness
Like many regions across the country, Simcoe County is working towards a solution to end homelessness and create more affordable housing.
No injuries after fire in Clearview Township
As the country faces hazy conditions due to out-of-control forest fires from coast to coast to coast, emergency crews in Simcoe County were kept busy with a fire Wednesday evening.
'This is not helping': Frustrated evacuees say official communication lacking in wildfire recovery
Frustration is building among some people from neighbourhoods hardest-hit by the fires near Halifax. CTV's Heidi Petracek reports.
A 'whole list of hazards' are keeping residents near N.S. fire zones under evacuation: officials
It is still not safe for some evacuated residents whose houses were spared from wildfire damage to return home, officials from Halifax Regional Municipality and the District of Shelburne said.
Halifax support workers strike impacting students and families
The father of disabled teen from Fall River, N.S. is calling on all sides to get back to the bargaining table and put an end to the Halifax area CUPE educational support worker strike.
Council reconsiders decision to reject recommendations on affordability crisis
Calgary city council has reconsidered its decision to vote against recommendations made by an expert panel to address the city’s housing affordability crisis.
Man on mobility scooter hit by truck in northeast Calgary intersection
Police say a man on a mobility scooter has life-altering injuries after he was struck by a vehicle in a northeast Calgary intersection on Wednesday evening.
Hot, dry weather comes with cautions and a few benefits
Calgary was under a heat warning Wednesday with forecast high of 29C.
Trustee suspended over posts targeting LGBTQ2S+ community, division says
A Manitoba school trustee has been suspended over social media posts the division says targeted the LGBTQ2S+ community.
Continued closure of Fort Gibraltar causing changes for soon to be married couples
The closure of Fort Gibraltar following the collapse of an elevated walkway that sent 16 students and one teacher to hospital has left some couples scrambling to find a place to get married.
Crash with stolen vehicle sends two Winnipeg officers to hospital
A section of Main Street is closed on Wednesday morning following a car crash in the area.
Out-of-control wildfire on Lower Mainland sees massive growth
A human-caused wildfire on the Lower Mainland has grown to an estimated 800 hectares and continues to burn out of control Wednesday, according to the BC Wildfire Service.
'You don't listen to renters': Vancouver Tenants Union disrupts housing announcement
Rental housing advocates interrupted an announcement by B.C.'s housing minister in Vancouver Wednesday morning to object to the provincial government's response to the affordability crisis.
Vancouver voice actors concerned about AI cloning voices without consent
Advances in artificial intelligence means software can generate accurate voice clones that sound just like the real thing, but that's putting some actors in a precarious position, including Vancouver's Bill Newton.
Albertans asked to conserve electricity Wednesday evening due to hot temperatures
Hot temperatures across Alberta prompted a grid alert Wednesday afternoon.
'A long time coming': Edmonton Catholics commit $3.2M to Indigenous reconciliation fund
The Archdiocese of Edmonton will spend $3.2 million on reconciliation initiatives with First Nations, Métis and Inuit people in the Alberta capital region.
'Major travel delays': Anthony Henday Drive bridge will be closed this weekend
Drivers are being asked to find another way or prepare for delays on the Henday this weekend, because crews need to close a bridge over the North Saskatchewan River.