How do you qualify for Trillium benefit?
To get the 2022 OTB, you must file your 2021 income tax and benefit return. You do not need to apply for the 2022 OSTC component. move outside Ontario; become bankrupt; die; or. become incarcerated for a period of 90 days or more.
How much is the Trillium benefit 2022?
The maximum OEPTC amount in 2022 is: $1,121 for individuals between 18 and 64 years old. This is made up of $249 for energy costs and $872 for property taxes. $1,277 for seniors who are 65 years and older.
How much is the Trillium benefit 2022?
The maximum OEPTC amount in 2022 is: $1,121 for individuals between 18 and 64 years old. This is made up of $249 for energy costs and $872 for property taxes. $1,277 for seniors who are 65 years and older.
What are the Trillium dates for 2022?
Includes Ontario energy and property tax credit (OEPTC), Northern Ontario energy credit (NOEC) and Ontario sales tax credit (OSTC). Ontario trillium benefit 2022. October 7, 2022. November 10, 2022. December 9, 2022. Ontario trillium benefit 2023. January 10, 2023. February 10, 2023. March 10, 2023. April 6, 2023. May 10, 2023.
How much is Ontario Trillium benefit per month?
$1,121 if you are between 18 and 64 years old. $1,277 if you are over 65 years old. $249 if you live on a reserve or in a public long-term care home. $25 for the time you lived in a designated college, university or private school residence in 2021.
Is the Ontario Trillium benefit monthly?
Ontario trillium benefit (OTB) The annual OTB entitlement is usually divided by 12 and the payments issued monthly. Your 2022 OTB payments, which are based on your 2021 income tax and benefit return, will be issued on the 10th of each month, starting in July 2022 (see note for exceptions).
What time does Trillium get deposited?
If you do not receive your tax refund by direct deposit, you will receive your Ontario Trillium Benefit payments by mail on the 10th of each month, starting in July (e.g., if you file your income tax by April 30, you can start receiving your benefit payments in July).
Is Trillium paid monthly?
If you do not receive your tax refund by direct deposit, you will receive your Ontario Trillium Benefit payments by mail on the 10th of each month, starting in July ( e.g. , if you file your income tax by April 30, you can start receiving your benefit payments in July).
Why do I get the Trillium Benefit?
The Ontario Trillium Benefit (OTB) is a refundable tax credit to assist low-income families in paying for energy costs, sales tax, and property tax. It combines three tax credits into one single payment: The Ontario Energy and Property Tax Credit or OEPTC.
Why did I get an Ontario Trillium benefit?
The Ontario Trillium Benefit (OTB) is a refundable tax credit to assist low-income families in paying for energy costs, sales tax, and property tax. It combines three tax credits into one single payment: The Ontario Energy and Property Tax Credit or OEPTC.
