TaxTips.ca
Canadian Tax and
Financial Information
2017 Personal Tax Credits - Tax Amounts

Ads keep this website free for you.
TaxTips.ca does not research or endorse any product or service appearing in ads on this site.  Before making a major financial decision you  should consult a qualified professional.

Looking for US tax information?
See
USTaxTips.net

Need an accounting, tax or financial advisor? Look in our Directory.      Stay Connected with TaxTips.ca!      Internet Explorer - Use compatibility view for calculators to work properly!

Home
What's New
Calculators
Personal Tax
Business
Sales Taxes
Free in 30!
Financial Planning
RRSP RRIF TFSA
Real Estate
Stocks Bonds etc.
Seniors
Disabilities
Canada
Alberta
British Columbia
Manitoba
Ontario
Quebec
Saskatchewan
Atlantic Provinces
Territories
Federal Budget
Provincial Budgets
Statistics etc.
Glossary
Site Map
Directory
Advertise With Us
Contact Us/About Us
Links & Resources



Personal Tax -> Non-refundable personal tax credits -> 2017 personal tax credits - tax amounts

2017 Non-Refundable Personal Tax Credits - Tax Amounts

(Base Amount x Tax Rate)

The tax credits in this table are the amounts to be deducted from the tax payable.  Some of the tax credits are reduced when income exceeds a certain level.  All tax amounts are rounded to the nearest dollar.  The indexation factors and most tax credits have been confirmed to Canada Revenue Agency information.

Tax Credit Type

Federal
15%
(3)
NL
8.7%
(6)
PE
9.8%
(1)
NS
8.79%
NB
9.68%
ON
5.05%
MB
10.8%
SK
11%
AB
10%
BC
5.06%
YT
6.40%
(3)
NT
5.9%
NU
4%
Basic personal amount) $1,745 $781 $784 $745 $958 $514 $1,001 $1,767 $1,869 $517 $745 $842 $525
Spouse or common-law partner / equivalent-to-spouse / eligible dependant amount (3) now including PE(1) 1,745 638 666 745 813 436 986 1,767 1,869 442 745 842 525
   -reduced when spousal/dependant income exceeds 0 734 679 848 841 864 0 1,607 0 874 0 0 0
   -eliminated when spousal/dependant income exceeds 11,635 8,070 7,474 9,329 9,243 9,500 9,134 17,672 18,690 9,614 11,635 14,278 13,128
Age amount (65+ years of age) 1,084 499 369 364 468 251 403 538 521 232 462 412 394
   -reduced when income exceeds 36,430 31,405 28,019 30,828 35,968 36,969 27,749 36,430 38,772 34,075 36,430 36,430 36,430
   -eliminated when income exceeds 84,597 69,612 53,112 58,435 68,175 70,076 52,602 69,057 73,492 64,595 84,597 82,990 102,070
Senior supplementary amount (65+ years of age) 0 0 0 0 0 0 0 142 0 0 0 0 0
Disability amount 1,217 527 675 645 775 415 667 1,041 1,442 387 519 683 525
Disability amount supplement for taxpayers under 18 years of age 710 248 394 303 452 242 389 1,041 1,082 226 303 279 189
    -reduced when total child care and attendant care expenses claimed for this taxpayer by anyone exceed 2,772 2,424 2,354 2,346 2,737 2,807 2,112 2,772 2,950 2,593 2,772 2,772 2,772
    -eliminated when above expenses exceed 7,504 5,275 6,373 5,795 7,410 7,599 5,717 12,237 13,769 7,060 7,504 7,504 7,504
Caregiver amount for in-home care of parent or grandparent 65+ years of age, or of infirm adult relative (3) 710 248 240 431 452 242 389 1,041 1,082 226 303 279 189
   -reduced when relative's income exceeds 16,163 13,933 11,953 13,677 15,959 16,401 12,312 16,164 17,202 15,117 16,163 16,163 16,163
   -eliminated when relative's income exceeds 20,895 16,784 14,399 18,575 20,632 21,195 15,917 25,628 28,021 19,584 20,895 20,896 20,896
 

Federal

NL PE

NS

NB

ON

MB SK AB

BC

YT

NT

NU

Infirm dependant amount (18+ years of age), including Family Caregiver Amount (Federal & YT) 1,032 248 240 246 452 242 389 1,041 1,082 226 441 279 189
   -reduced when dependant income exceeds 6,902 6,127 4,966 5,683 6,630 6,814 5,115 6,715 7,147 7,115 6,902 6,715 6,715
   -eliminated when dependant income exceeds 13,785 8,978 7,412 8,481 11,303 11,608 8,720 16,179 17,967 11,582 13,785 11,448 11,448
Child amount for dependent children under 19 (SK only)(each) (3) 0 0 0 0 0 0 0 670 0 0 0 0 0
Child amount for dependent children under 6 (each, maximum per year) 0 0 118 105 0 0 0 0 0 0 0 0 48
Pension income amount lesser of eligible pension income or 300 87 98 103 97 71 108 110 144 51 128 59 80
Medical expense tax credit is for expenses in excess of the lesser of 3% of net income or 2,268 1,955 1,678 1,637 2,239 2,302 1,728 2,268 2,415 2,123 2,268 2,268 2,268
Maximum medical expenses for other eligible dependants (each) (2) n/a n/a n/a n/a n/a 627 n/a n/a n/a n/a n/a 295 n/a
Tax credit for medical for other dependants is for expenses in excess of the lesser of 3% of dependant net income or 2,268 1,955 1,678 1,637 2,239 2,302 1,728 2,268 2,415 2,123 2,268 2,268 2,268
Eligible adoption expenses - maximum per child 2,350 1,054 0 0 0 627 1,080 0 1,278 793 1,003 0 0
Education - part time per month (5) 0 5 12 5 0 8 13 13 22 3 0 7 5
Education - full time per month (5) 0 17 39 18 0 28 43 44 73 10 0 24 16
Textbooks - part time per month (5) 0 0 0 0 0 0 0 0 0 0 0 0 1
Textbooks - full time per month (5) 0 0 0 0 0 0 0 0 0 0 0 0 3
Canada employment amount 177 0 0 0 0 0 0 0 0 0 75 0 0
  Federal
(4)
NL
PE
(1)
NS
NB
ON
MB
SK
AB
BC
YT
NT
NU

(1) PE equivalent to spouse amount is now same as the spousal amount, as announced in the PE 2016 Budget.  The budget also announced increases to the basic personal amount, spousal amount, and eligible dependant amount, as indicated above.
(2) n/a means there is no cap on the maximum medical expenses for other eligible dependents.
(3) The Family Caregiver Amount is added to these amounts in certain circumstances, for Federal and Yukon tax credits. The Family Caregiver Amount is still available to infirm minor children.
(4) For Quebec taxpayers, each federal tax credit is, in effect, reduced by 16.5% as a result of the federal tax abatement.
(5) The 2016 federal budget eliminated the education and textbook credits for 2017 and later years.  The education and textbook credits for all provinces (except Alberta) and territories have legislative provisions that are dependent on the federal credits, so in order for these credits to be retained, legislative changes would have to be made.  For these credits to be eliminated in Alberta, legislative changes would have to be made.  The BC 2017 Budget announced that the BC education tax credit would be extended to 2017 but eliminated after that. The Northwest Territories 2017 Budget indicated they are retaining the education tax credit. The tax amounts above are based on the education and textbook credits as indicated in the 2017 TD1 forms, and will be revised if provincial budgets provide differing information.
(7) The NL 2016 Budget increased tax rates, with 8.7% being the lowest tax rate effective July 1, 2016.
(6) The NL 2016 Budget increased tax rates, with 8.7% being the lowest tax rate effective July 1, 2016.

Go directly to 2017 tax credits - base amounts.

Revised: February 26, 2017

Copyright © 2002 - 2017 Boat Harbour Investments Ltd. All Rights Reserved  See Reproduction of information from TaxTips.ca

Facebook  | Twitter  |  Google + |  Monthly Newsletter Sign-up  What’s New E-mail Notification RSS News Feed
The information on this site is not intended to be a substitute for professional advice.  Each person's situation differs, and a professional advisor can assist you in using the information on this web site to your best advantage. 
Please see our legal disclaimer regarding the use of information on our site, and our Privacy Policy regarding information that may be collected from visitors to our site.