What is the Public Transit Pass Tax Receipt?
In 2006, the Government of Canada introduced a non-refundable tax credit to help cover the cost of public transit passes. The USSU Saskatoon Transit Fee of $59.00 per term is eligible for the transit pass tax credit and can be claimed in the appropriate calendar year. The Term 1 fee of $59.00 is a transit pass fee for the period September to December. The Term 2 fee of $59.00 is a transit pass fee for the period January to April. Keep a printout of your Fee Assessment which shows your Name, Student Number and the Transit Fee assessment. The printout should not be submitted with your tax return but you should keep this printout as proof of purchase in case you are audited by CRA.
