8.5.1 Income tax credits and deductions checklist

From: Financial Consumer Agency of Canada

Use this checklist to review deductions and credits that may help you reduce your federal income tax:

Credits and deductions checklist
Income tax items	See Canada Revenue Agency (CRA) Guide line #
Registered pension plan deduction	20700
Registered Retirement Savings Plan (RRSP) deduction	20800
Deduction for splitting a pension with a spouse	21000
Annual union, professional or similar dues	21200
Universal Child Care Benefit repayment	21300
Child care expenses	21400
Expenses to support a disability	21500
Business investment loss	21700
Moving expenses to work, run a business or to study full-time	21900
Support payments made	22000
Interest expenses, carrying charges and other investment expenses	22100
Deduction for Canada Pension Plan (CPP) or Québec Pension Plan (QPP) contributions on self-employment and other earnings	22200
Petroleum, natural gas or mining exploration expenses	22400
Other employment expenses required under an employment contract	22900
Other allowable deductions such as clergy residence; income paybacks; certain legal and accounting fees; certain pension contributions	23100, 23200, 25600
Certain securities and other investment deductions	24900 to 25400
Northern and remote residents deductions	25500
Personal, age and spousal amounts	30000 to 30300
Pension or retirement income account	31400
Credit for minor child and infirm adult dependents	30450, 30499 and 30500
Disability credit and home support credit	31600, 31800
Education, tuition and textbook credits	32300, 32400
Medical expenses	33099, 33199
Charitable donations	34900
Political contributions	40900 and 41000
Labour-sponsored investment funds, Capital régional et coopératif Desjardins shares	41300 and 41400
Working Income Tax Benefit for low-income earners or tax credit for work premium	45300
Provincial refundable tax credits or income tax withheld for another province	44000
CPP, QPP or Québec Parental Insurance Plan (QPIP) overpayments by self-employed workers	44800

Check for any provincial tax credits that you may be eligible for.

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Date modified:: 2023-02-20