What other public transit costs are eligible for a tax credit under the expanded public tax credit?
• Weekly passes, if there are at least four consecutive weekly passes in a 28-day period and if each weekly pass provides unlimited public transit use for an uninterrupted period of five or seven days. • Use of an eligible cost-per-trip electronic payment card, used for at least 32 uninterrupted trips between the place of departure and the destination and issued by a public transit authority that records the cost and usage and provides a receipt to that effect. What do I need to support my claim? And, if I did not keep receipts or old passes between January 1st and today, would I still be able to claim the credit for those undocumented costs? Taxpayers are expected to provide appropriate supporting documentation for any tax credit claimed, if requested to do so by the Canada Revenue Agency. Keep your pass and receipt If a transit pass displays the following information, the pass itself is sufficient to support a claim for the tax credit: • An indication that it is a monthly (or longer
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- What other public transit costs are eligible for a tax credit under the expanded public tax credit?
