If your roommate is claiming Rental Income:If you paid your roommate $200 for rent for four months during 2022, it's likely that your roommate would need to claim that rental income on their tax return. This is because rental income is generally taxable in Canada, even if it's only a small amount. Your roommate would need to report the rental income they received on their T776 Statement of Real Estate Rentals form, which is used to report rental income and expenses.
If you roommate isnotclaiming Rental Income: If the rental payments were made as part of a personal arrangement or informal living agreement, and the payments were not in exchange for the right to use a specific space or property, then your roommate may not need to claim the rental income.
Note: If you are both paying rent together, you both need to have a receipt for your own amount paid. You will need a receipt from your landlord or person receiving the rent to prove to the Canada Revenue Agency that he is eligible to claim a credit for the rent.
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