There are several new changes to the 2018 tax filing year that can impact your tax return. Here are some of the important changes you should be aware of:

Reproductive Expense Tax Credit for Medical Expenses

This tax credit can provide relief for those who have paid significant medical expenses for themselves or certain dependants. This medical expense tax credit can’t be refunded towards owed taxes.

Starting in 2017, amounts that are paid for reproductive technologies for the purpose of having a child can be claimed as a medical expense tax credit, even if there is no medical condition that causes the individual to not be able to have a child. Previously, this credit was only available if the use of reproductive technologies were directly related to condition that caused medical infertility.

You can make a request to the Canada Revenue Agency to claim the reproductive technologies expenses that have not been claimed in the past 10 calendar years.

Public Federal Transit Credit

After June 30, 2017, those who paid for eligible transit passes will no longer qualify for a tax refund that’s refundable. On your 2017 income tax and benefit return, you can claim a non-refundable credit for eligible transit passes paid from January 1, 2017, to June 30, 2017.

Ontario Public Transit Tax Credit for Seniors

Due to changes being made to the Federal Public Transit Credit, there is a new refundable tax credit that’s effective July 1, 2017. In order to be eligible, you have to meet the following criteria:

  • Must be 65 years of at the years beginning

  • Live in Ontario at the end of the year

  • Paid for eligible transit services from July 1, 2017, to December 21, 2017. You should keep receipts.

You can get a maximum refund of $255 for 2017. For subsequent years, the maximum credit is $450.

Textbook, Tuition, and Education Credit

As of January 1, 2017, the Federal, textbooks, and education credits were eliminated. Credits unused from the previous years can be carried forward.

Because of the 2016 Ontario Budget, there were changes made to the non-refundable tax credits for Ontario tuition and education. Feed paid for studies before September 5, 2017, are available for credits. Also, credit for the education can be claimed for months of study before September 2017. You can carry unused credits for years forward.

To learn more about our tax preparation services please visit or call us at (613) 567-7088.