The property tax credit is available only for principal residences. Note that special rules apply in instances where a co-operative is declared a principal residence. Also, property tax claimed for a farm is limited to the taxpayer's principal residence, plus one acre of land. Total income for this calculation includes the combined net incomes of both spouses. If both spouses are under 65 and have not separated, either is eligible to claim this credit, although only one may do so.
Special rules apply for couples that married or separated during the year.
Unrelated individuals who share a principal residence and pay rent or property tax may allocate occupancy cost on a prorated basis relative to their proportionate share of accommodation. Seniors and persons suffering from disabilities, that own residential property and are deemed to be low income, may be eligible for relief from property tax increases resulting from assessment reform. It is the responsibility of each municipality within the province to determine who qualifies for tax relief. If both spouses are under 65 years of age, either may be eligible to claim the sales tax credit on behalf of the other and any dependent children, but only one may do so. If one spouse is 65 or older, that spouse must claim the property and sales tax credit on behalf of both.