CVITP Assist: Ontario Seniors Homeowners Property Tax Grant
ONTARIO SENIOR HOMEOWNERS’ PROPERTY TAX GRANT
What is it?
The Ontario Senior Homeowners’ Property Tax Grant (OSHPTG) provides up to $500 to low- and moderate-income senior homeowners who pay property tax. A specific step must be taken in UFile to apply.
Who qualifies?
A person qualifies if, on December 31st of the tax year:
they or their spouse were 64 or older;
they owned and occupied a principal residence in Ontario; and
property tax was paid by them or on their behalf.
How much is the grant and when is it paid?
The grant is the lesser of $500 or the property tax paid.
It is reduced based on net income:
Single persons: reduced by 3.33% of adjusted net income over $35,000.
Couples: reduced by 3.33% of adjusted family net income over $45,000.
No entitlement if family net income is $60,000 or more.
Payment is usually issued by the CRA 4 to 8 weeks after a Notice of Assessment is issued.
Application requirements:
An ON-BEN form must be included with the tax return.
For couples, only one spouse may apply on behalf of both.
If only one spouse is 64 or older, that spouse must apply.
If the Ontario Trillium Benefit is also being claimed, the older spouse must apply for both.
The grant may be claimed in addition to the Ontario Energy and Property Tax Credit.
A senior who owns the home but resides in a long-term care facility may still claim the grant if the other spouse remains in the home.
How to apply in UFile:
Open ON-BEN – Application for tax credits.
Under Application for the Ontario Senior Homeowners’ Property Tax Grant (OSHPTG), select “Yes.” (If left blank, the default is “No.”)
Enter the amount of property tax paid.
If the property address differs from the mailing address in the Current address section, enter it separately.