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MB Refundable Personal Tax Credit

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Manitoba->  Refundable tax credits -> Refundable Personal Tax Credit

Manitoba Refundable Personal Tax Credit / Affordability Tax Credit

Manitoba Income Tax Act s. 5.7

The refundable personal tax credit (2009 to 2016) is a refundable tax credit which is claimed on form MB479 of the personal tax return.

The personal tax credit amounts are not indexed for inflation.  However, the Manitoba Fiscal Update of March 8, 2016 proposes to increase the above amounts, effective January 1, 2017.

The amounts for 2009 to 2016, and the proposed amounts effective January 1, 2017 are:

bullet $195 ($234 for 2017) each for
bullet self 
bullet dependent spouse  or eligible dependent (equivalent to spouse)
bullet $113 ($136 for 2017) each age credit for
bullet self age 65+
bullet spouse age 65+
bullet $113 ($136 for 2017) each disability credit for
bullet self
bullet spouse
bullet eligible dependent
bullet $62 ($74 for 2017) credit for disabled dependents age 18+ at the end of the year
bullet $26 ($31 for 2017) credit for dependent children age 18 or less at the end of the year

An individual who resides in Manitoba on the last day of a tax year is eligible for a personal tax credit for the year unless:

bullet they are under 16 at the end of the tax year
bullet they are under 19 at the end of the year, are not a parent, do not have a spouse or common-law partner, and are not eligible for an education property tax credit for the year
bullet they reside in the residence of, and are claimed as a dependent of, another individual for the tax year
bullet another taxpayer is claiming an amount for the year for them, for any of the following:
bullet spouse or eligible to spouse amount
bullet infirm dependent amount
bullet disability amount
bullet dependent disability amount
bullet amounts transferred from spouse
bullet they are an inmate of a correctional facility or penitentiary on the last day of the year, and have been an inmate for and have been an inmate for at least 6 months during the year

The amount received is reduced by 1% of household net income.

For detailed information on Manitoba refundable tax credits, see this topic on the Government of Manitoba web page Manitoba Personal Tax Credits.

See CRA form MB 479 and Completing Your Manitoba Forms on the Manitoba General Income Tax and Benefit Package page for detailed calculations.

Tax Tip:  File a return even if you have no income, to get the refundable tax credits.

Revised: September 19, 2017

 

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