4.0.1 (1) The amounts of the non-refundable credits for a taxation year, if any, that may be deducted by an individual under subsection 4 (3.1) are the amounts determined under this section after any adjustments required for the year by section 4.0.2.  2000, c. 42, s. 51; 2004, c. 16, s. 3. Credit, spouse, etc. (2) The amount of an individual’s spouse or common-law partner credit for a taxation year is the amount calculated using the formula, A × [$7,231 + $6,140 – (B – $614)] in which, “A” is the lowest tax rate for the year, and “B” is the greater of $614 and the income for the year of the individual’s spouse or common-law partner or, if the individual and the individual’s spouse or common-law partner are living separate and apart at the end of that year by reason of a breakdown of their marriage or common-law partnership, the income of the spouse or common-law partner while married or in the common-law partnership and not separated during the year. 2000, c. 42, s. 51; 2004, c. 16, s. 3. Credit, wholly dependent person (3) The amount of an individual’s credit for a wholly dependent person for a taxation year is the amount calculated using the formula, A × [$7,231 + $6,140 – (C – $614)] in which, “A” is the lowest tax rate for the year, and “C” is the greater of $614 and the income for the year of the person referred to in paragraph 118 (1) (b) of the Federal Act whom the individual supports. 2000, c. 42, s. 51; 2004, c. 16, s. 3. Single status credit (4) The amount of an individual’s single status credit for a taxation year is the product of the lowest tax rate for the year multiplied by $7,231.  2000, c. 42, s. 51; 2004, c. 16, s. 3. Credit, in-home care (5) The amount of an individual’s credit for a taxation year for in-home care of a person is the amount calculated using the formula, A × (ZZ – D) in which, “A” is the lowest tax rate for the year, “D” is the greater of the person’s income for the year and, (a) $11,661 for a taxation year ending after December 31, 1999 and before January 1, 2001, or (b) $11,976 for a taxation year ending after December 31, 2000, and “ZZ”  is, (a) $14,047 for a taxation year ending after December 31, 1999 and before January 1, 2001, or (b) $15,476 for a taxation year ending after December 31, 2000. 2001, c. 8, s. 37 (1); 2004, c. 16, s. 3. Dependant credit (6) The amount of an individual’s credit for a taxation year in respect of a dependant described in paragraph 118 (1) (d) of the Federal Act is the amount calculated using the formula, A × (YY – E) in which, “A” is the lowest tax rate for the year, “E” is the greater of the dependant’s income for the year and, (a) $4,845 for a taxation year ending after December 31, 1999 and before January 1, 2001, or (b) $4,976 for a taxation year ending after December 31, 2000, and “YY” is, (a) $7,231 for a taxation year ending after December 31, 1999 and before January 1, 2001, or (b) $8,476 for a taxation year ending after December 31, 2000. 2001, c. 8, s. 37 (1); 2004, c. 16, s. 3. Additional amount (7) The amount of an individual’s credit for a taxation year referred to in paragraph 6 of subsection 4 (3.1) is the amount, if any, in respect of the person calculated using the formula, A × (F – G) in which, “A” is the lowest tax rate for the year, “F” is the amount that would be determined for the year in respect of the person under subsection (5) or (6), as the case may be, if paragraph 118 (4) (c) of the Federal Act did not apply for the purposes of subsection 118 (1) of that Act, and “G” is the amount determined for the year under subsection (3). 2000, c. 42, s. 51; 2004, c. 16, s. 3. Age credit (8) The amount of an individual’s age credit for a taxation year is the amount calculated using the formula, A × ($3,531 – H) in which, “A” is the lowest tax rate for the year, and “H” is 15 per cent of the amount, if any, by which the individual’s income for the year would exceed $26,284 if no amount were included in his or her income in respect of a gain from a disposition of property to which section 79 of the Federal Act applies. 2000, c. 42, s. 51; 2004, c. 16, s. 3. Credit, EI premiums, etc. (9) The amount of an individual’s credit described in paragraph 8 of subsection 4 (3.1) for a taxation year is the amount that would be determined in respect of the individual for the year under section 118.7 of the Federal Act if the appropriate percentage referred to in that section were the lowest tax rate.  2000, c. 42, s. 51; 2004, c. 16, s. 3. Pension credit (10) The amount of an individual’s pension credit for a taxation year is the amount calculated using the formula, A × I in which, “A” is the lowest tax rate for the year, and “I” is the lesser of $1,000 and, (a) the amount of the individual’s pension income for the year for the purposes of subsection 118 (3) of the Federal Act, if he or she has attained the age of 65 years before the end of the year, or (b) the amount of the individual’s qualified pension income for the year for the purposes of that subsection in any other case. 2000, c. 42, s. 51; 2004, c. 16, s. 3. Credit, adoption expense (10.1) The amount of an individual’s adoption expense credit in respect of an eligible child for a taxation year is the amount calculated using the formula, A × II in which, “A” is the lowest tax rate for the year, and “II” is the lesser of, (a) $10,000, and (b) the amount determined using the formula, JJ – KK in which, “JJ” is the total of all eligible adoption expenses in respect of the eligible child included in computing a deduction under subsection 118.01 (2) of the Federal Act for the year, and “KK” is the sum of all amounts each of which is the amount of a reimbursement or any other form of assistance (other than an amount that is included in computing the individual’s income and that is not deductible in computing the individual’s taxable income) that any individual is or was entitled to receive in respect of an amount included in computing the amount of “JJ”. 2006, c. 33, Sched. N, s. 2 (1). Apportionment of adoption expense credit (10.2) If more than one individual is entitled to an adoption expense credit for a taxation year in respect of the same eligible child, the total amount of all adoption expense credits claimed by the individuals in respect of that child shall not exceed the maximum amount that any one of them would be entitled to claim for the year in respect of that child if that individual were the only individual entitled to an adoption expense credit for the year, and if the individuals cannot agree on the portion of the total credit amount to which each is entitled, the Provincial Minister may fix the portions.  2006, c. 33, Sched. N, s. 2 (1). Definitions (10.3) For the purposes of subsections (10.1) and (10.2), “eligible adoption expense” and “eligible child” have the meanings assigned by subsection 118.01 (1) of the Federal Act.  2006, c. 33, Sched. N, s. 2 (1). Credit, impairment (11) The amount of an individual’s credit for a taxation year ending after December 31, 1999 and before January 1, 2001 in respect of a mental or physical impairment is the amount determined by multiplying $4,293 by the lowest tax rate for the year.  2000, c. 42, s. 51; 2001, c. 8, s. 37 (2); 2004, c. 16, s. 3. Credit after 2000, impairment (11.1) The amount of an individual’s credit for a taxation year ending after December 31, 2000 in respect of a mental or physical impairment is the amount calculated using the formula, A × ($6,000 + XX) in which, “A” is the lowest tax rate for the year, and “XX” is, (a) for an individual who has not reached 18 years of age before the end of the taxation year, the amount, if any, by which $3,500 exceeds the amount, if any, by which the total of all amounts each of which is an amount paid in the year for the care or supervision of the individual and is included in computing a deduction for a taxation year under section 63, 64 or 118.2 of the Federal Act exceeds $2,050, or (b) in any other case, zero. 2001, c. 8, s. 37 (3); 2004, c. 16, s. 3. Credit, disabled dependant (12) The amount of an individual’s credit for a taxation year in respect of a disabled dependant is the amount, if any, by which “J” exceeds “K” where, “J” is the amount the dependant is entitled to deduct for the year under paragraph 10 of subsection 4 (3.1), and “K” is the amount, if any, equal to the amount of tax that would be payable by the dependant for the year under paragraph 1, 2 or 3 of subsection 4 (3), less the amount that would be the total of the dependant’s credits for the year under paragraphs 1 to 9 of subsection 4 (3.1).  2000, c. 42, s. 51; 2004, c. 16, s. 3. Unused tuition and education credits (13) The amount of an individual’s unused tuition and education credits for a taxation year is the lesser of “L” and “M” where, “L” is the amount of the individual’s unused tuition and education tax credits at the end of the prior taxation year, calculated using the formula in subsection (14), and “M” is the amount of tax that would be payable by the individual for the year under subsection 4 (3) if no amount were deductible under paragraphs 13 to 19 of subsection 4 (3.1) or under subsection 4 (3.4) for the year and if no tax were payable under section 3 for the year.  2001, c. 8, s. 37 (4); 2004, c. 16, s. 3. Same (14) For the purposes of subsection (13), the amount is calculated using the formula, N + (P – Q) – (R + S) in which, “N” is the amount of the individual’s unused tuition and education credits at the end of the taxation year ending immediately before the prior taxation year, “P” is the total amount of the individual’s tuition credit and education credit for the prior taxation year, “Q” is the lesser of “P” and the amount that would be payable by the individual for the prior taxation year under subsection 4 (3) if no amount were deductible under paragraphs 13 to 19 of subsection 4 (3.1) or under subsection 4 (3.4) for the prior taxation year and no tax were payable under section 3 for that year, “R” is the amount that may be deducted under paragraph 12 of subsection 4 (3.1) for the prior taxation year, and “S” is the tuition and education credits transferred for the prior taxation year by the individual to the individual’s spouse, common-law partner, parent or grandparent. 2000, c. 42, s. 51; 2001, c. 8, s. 37 (5); 2004, c. 16, s. 3; 2021, c. 4, Sched. 11, s. 18. Transition, unused tuition and education credits (15) If an individual was resident in a province other than Ontario on the last day of the prior taxation year, the individual’s unused tuition and education credits at the end of that year equals the amount that would be his or her unused tuition and education credits at the end of that year, (a) as determined under the comparable provision of a taxing statute of the other province, calculated as if the percentage applied under the relevant provisions of that statute were, at all material times, the lowest tax rate instead of the percentage applied under those provisions; or (b) if there is no comparable provision of a taxing statute of the other province, as determined under section 118.61 of the Federal Act, calculated as if the percentage applied under sections 118.5 and 118.6 of that Act in computing the individual’s tuition and education credits were, at all material times, the lowest tax rate instead of the appropriate percentage as defined in that Act.  2001, c. 8, s. 37 (6); 2004, c. 16, s. 3. Same (16) Despite subsection (14), the amount of an individual’s unused tuition and education credits at the end of the 1999 taxation year equals the amount that would be the individual’s unused tuition and education credits at the end of that year under section 118.61 of the Federal Act if the percentage applied under sections 118.5 and 118.6 of that Act in computing the individual’s tuition and education credits had been 6.37 per cent instead of the appropriate percentage.  2000, c. 42, s. 51; 2004, c. 16, s. 3. Same, after 1999 (16.1) For the purposes of the definition of “L” in subsection (13), the amount of an individual’s unused tuition and education credits at the end of a prior taxation year, if the prior taxation year ends after December 31, 1999, is the amount calculated using the formula, A/VV × WW in which, “A” is the lowest tax rate for the taxation year for which the amount is determined under subsection (13), “VV” is the lowest tax rate for the taxation year immediately prior to the taxation year for which the amount is determined under subsection (13), and “WW” is the amount that would be the individual’s unused tuition and education tax credits at the end of the prior taxation year if this subsection did not apply in determining the amount under subsection (13) for the taxation year. 2001, c. 8, s. 37 (7); 2004, c. 16, s. 3. Tuition credit (17) The amount of an individual’s tuition credit for a taxation year is the amount that would be determined for the year under section 118.5 of the Federal Act if the appropriate percentage referred to in that section were the lowest tax rate.  2000, c. 42, s. 51; 2004, c. 16, s. 3. Education credit (18) The amount of an individual’s education credit for a year ending after December 31, 1999 is the amount calculated using the formula, A × (XX + YY) in which, “A” is the lowest tax rate for the year, “XX” is the amount calculated by multiplying the number of months in the year during which the individual is enrolled in a qualifying education program as a full-time student at a designated educational institution for the purposes of section 118.6 of the Federal Act and, (a) $200 for a taxation year ending after December 31, 1999 and before January 1, 2001, or (b) $400 for a taxation year ending after December 31, 2000, and “YY” is the amount calculated by multiplying the number of months in the year, other than months described in the definition of “XX”, in which the individual is enrolled at a designated educational institution in a specified educational program, for the purposes of section 118.6 of the Federal Act, that provides that each student in the program spend not less than 12 hours in the month on courses in the program and, (a) $60 for a taxation year ending after December 31, 1999 and before January 1, 2001, or (b) $120 for a taxation year ending after December 31, 2000. 2001, c. 8, s. 37 (8); 2004, c. 16, s. 3. Tuition credit, etc., transferred (19) Subject to subsection (22), the amount of the credit, if any, an individual is entitled to deduct under paragraph 15 of subsection 4 (3.1) is the amount calculated using the formula, T – U in which, “T” is, (a) for a taxation year ending after December 31, 1999 and before January 1, 2001, the lesser of $319 and the sum of the tuition credit and education credit the person transferring the credits would be entitled to deduct for the taxation year, and (b) for a taxation year ending after December 31, 2000, the lesser of, (i) $5,000 multiplied by the lowest tax rate for the taxation year, or (ii) the sum of the tuition credit and education credit the person transferring the credits would be entitled to deduct for the year, and “U” is the amount of tax that would be payable under paragraph 1, 2 or 3 of subsection 4 (3) by the person transferring the credits for the year, less the credits the person would be entitled to deduct for the year under paragraphs 1 to 12 of subsection 4 (3.1). 2000, c. 42, s. 51; 2001, c. 8, s. 37 (9); 2004, c. 16, s. 3. Credits transferred (20) Subject to subsection (22), the amount of an individual’s deduction under paragraph 16 of subsection 4 (3.1) for a taxation year in respect of amounts transferred to the individual by his or her spouse or common-law partner is the amount calculated using the formula, (V – W) + X – Y in which, “V” is, (a) for a taxation year ending after December 31, 1999 and before January 1, 2001, the lesser of $319 and the sum of the tuition credit and education credit the person transferring the credits would be entitled to deduct for the taxation year, and (b) for a taxation year ending after December 31, 2000, the lesser of, (i) $5,000 multiplied by the lowest tax rate for the taxation year, or (ii) the sum of the tuition credit and education credit the person transferring the credits would be entitled to deduct for the year, “W” is the amount of tax that would be payable under paragraph 1, 2 or 3 of subsection 4 (3) by the person transferring the credits for the year, less the credits the person would be entitled to deduct for the year under paragraphs 1 to 12 of subsection 4 (3.1), “X” is the total of the credits under paragraphs 7, 9, 10 or 11 of subsection 4 (3.1) the person transferring the credits would be entitled to deduct for the year, and “Y” is the amount, if any, calculated under subsection (21). 2000, c. 42, s. 51; 2001, c. 8, s. 37 (10); 2004, c. 16, s. 3. Same (21) For the purposes of subsection (20), the amount is calculated using the formula, Z – B in which, “Z” is the amount that would be the tax payable for the year under paragraph 1, 2 or 3 of subsection 4 (3) by the person transferring the credits, less the credits the person would be entitled to deduct for the year under paragraphs 3, 8 and 12 of subsection 4 (3.1), and “B” is the lesser of, (a) the total of the tuition and education credits the person transferring the credits would be entitled to deduct for the year, and (b) the amount that would be the tax payable for the year under paragraph 1, 2 or 3 of subsection 4 (3) by the person transferring the credits, less the credits the person would be entitled to deduct for the year under paragraphs 1 to 12 of subsection 4 (3.1). 2000, c. 42, s. 51; 2004, c. 16, s. 3. Maximum transferred (22) For the purposes of subsections (19) and (20), the person transferring the credits shall designate the amounts of tuition credit and education credit to be transferred for the year and the maximum amount that may be deducted under paragraphs 15 and 16 of subsection 4 (3.1) by an individual for a year in respect of these transferred credits must not exceed those amounts.  2000, c. 42, s. 51; 2004, c. 16, s. 3. Medical expense credit (23) The amount of an individual’s medical expense credit for a taxation year ending before January 1, 2004 is the amount calculated using the formula, [A × (B – C)] – (A/D × E × F) in which, “A” is the lowest tax rate for the year, “B” is the total of the individual’s medical expenses that are included in calculating the amount of his or her medical expense credit for the year under subsection 118.2 (1) of the Federal Act, “C” is the lesser of $1,637 and 3 per cent of the individual’s income for the year, “D” is the lowest percentage referred to in subsection 117 (2) of the Federal Act that applies in determining the amount of tax payable under Part I of that Act for the year, “E” is the percentage used in determining the amount of “D” for the year in the formula in subsection 118.2 (1) of the Federal Act, and “F” is the total of all amounts each of which is the amount, if any, by which the income for the year of a person, other than the individual and the individual’s spouse or common-law partner, in respect of whom an amount is included in computing the individual’s medical expense credit for the year, exceeds $7,231. 2000, c. 42, s. 51; 2004, c. 16, s. 3; 2004, c. 31, Sched. 19, s. 1 (1). Medical expense credit, 2004 and subsequent years (23.1) The amount of an individual’s medical expense credit for a taxation year ending after December 31, 2003 is the amount calculated using the formula, A × [(B – C) + D] in which, “A” is the lowest tax rate for the year, “B”   is the total of the individual’s medical expenses in respect of the individual, the individual’s spouse, the individual’s common-law partner or a child of the individual who has not attained the age of 18 years before the end of the taxation year that are included in determining the individual’s medical expense credit for the year under subsection 118.2 (1) of the Federal Act, “C” is the lesser of $1,821 and 3 per cent of the individual’s income for the year, and “D” is the total of all amounts each of which, (a) is in respect of a dependant of the individual, within the meaning assigned by subsection 118 (6) of the Federal Act, other than a child of the individual who has not attained the age of 18 years before the end of the taxation year, and (b) is, in respect of the dependant, the lesser of the amount set out in subsection (23.2) and the amount that would be determined by the formula “E – F” in subsection 118.2 (1) of the Federal Act, if the dollar amount set out in the description of “C” in this subsection were substituted for the dollar amount set out in the description of “F” in subsection 118.2 (1) of the Federal Act. 2004, c. 31. Sched. 19, s. 1 (2); 2015, c. 38, Sched. 10, s. 1 (1). Amount for purposes of subs. (23.1) (23.2) For the purposes of subsection (23.1), the amount is, (a) $5,000 if the taxation year is 2004; or (b) $10,000 if the taxation year ends after 2004. 2015, c. 38, Sched. 10, s. 1 (2). Credit, charitable gifts, etc. (24) The amount of an individual’s credit for charitable and other gifts for a taxation year is the amount calculated using the formula, (A × G) + [H × (J – G)] in which, “A” is the lowest tax rate for the year, “G” is the lesser of $200 and that part of the individual’s total gifts for the year under section 118.1 of the Federal Act that was used to determine the amount deducted by the individual for the year under subsection 118.1 (3) of that Act, “H” is the highest tax rate for the year, and “J” is that part of the individual’s total gifts for the year under section 118.1 of the Federal Act that was used to determine the amount deducted by the individual for the year under subsection 118.1 (3) of that Act. 2000, c. 42, s. 51; 2004, c. 16, s. 3; 2008, c. 7, Sched. I, s. 2. Credit, student loan interest (25) The amount of an individual’s credit for a taxation year for interest on a student loan is the amount that would be determined in respect of the individual for the year under section 118.62 of the Federal Act if the appropriate percentage referred to in that section were the lowest tax rate.  2000, c. 42, s. 51; 2004, c. 16, s. 3. (26)-(29) Repealed:  2006, c. 33, Sched. N, s. 2 (2). Section Amendments with date in force (d/m/y) 2000, c. 42, s. 51
- 1/01/2000 2001, c. 8, s. 37 (1-4, 7-10) - 1/01/2001; 2001, c. 8, s. 37 (5, 6)
- 1/01/2000 2004, c. 16, s. 3
- 1/01/2004; 2004, c. 31, Sched. 19, s. 1 (1, 2) - 31/03/2006 2005, c. 31, Sched. 11, s. 3 (1, 2) - no effect - see 2015, c. 38, Sched. 10, s. 3 - 10/12/2015; 2005, c. 31, Sched. 11, s. 3 (3) - no effect - see 2006, c. 33, Sched. N, s. 2 (2) - 20/12/2006 2006, c. 33, Sched. N, s. 2 (1, 2) - 20/12/2006 2008, c. 7, Sched. I, s. 2 (1, 2) - 14/05/2008 2015, c. 38, Sched. 10, s. 1 (1, 2) - 31/03/2006 2021, c. 4, Sched. 11, s. 18 - 19/04/2021