Question

In the Provincial tax profile there is a box updated tax changes for 2022 Ontario staycation tax credit. How do I apply for the refundable staycation tax credit?

Forum|Forum|3 years ago
December 30, 2022
2 replies
0 views

I have gone through the steps several times and do not get the chance to input the amounts for my stay.

Unfortunately, the Ontario Staycation credit is not finalized at the Canada Revenue Agency yet. An adjustment will need to be done at a later date if you file before it is ready.

Note: Printing or filing of your return is not available till February 21. Once Netfile and printing is available, the credit will be available in the return.

Thank you for choosing TurboTax.

TurboTaxSusan

Please be advised that the Ontario Staycation credit is now available in TurboTax Online. To apply for the credit, you can select Provincial, then Provincial Tax Credit Profile.

H

harper1959

can you lump sum your entries for the staycation tax credit? I have more camping receipts to enter, but, there are not enough lines!!

G

GHarpe

Yes, you can. As per the Ontario link: Ontario Staycation Tax Credit

As long as all other conditions are met, you can claim any of the following expenses:

accommodation for a single trip or multiple trips, up to the maximum expense limit of $1,000 as an individual or $2,000 as a family
accommodations booked either directly with the accommodation provider or through an online accommodation platform
the portion of the expense that is necessary to have access to the accommodation
the accommodation portion of a tour package expense

You must keep your detailed receipts for any eligible expenses you claim for the credit. Those receipts must include:

the location of the accommodation
the amount that can reasonably be considered to be for the accommodation portion of a stay
the amount of any GST/HST paid
the date of the stay
the name of the payor

Thank you for choosing TurboTax.