# 2024 Ontario energy and property tax credit (OEPTC) - Calculation sheet for married or common law seniors who have or do not have children

Use this calculation if you had a spouse or a common law partner and either of you were 64 years of age or older on December 31, 2023. This calculation applies whether you have children or not.

Note:
If one of you was 64 years of age or older on December 31, 2023, that spouse or common-law partner has to apply for the credit for your household.

## Step 1 - Occupancy cost

1. Multiply your rent paid in Ontario for 2023 by 20%.
3. Add \$25.00 if you lived in a student residence.

### Step 2 - Energy component

1. Multiply the amount paid for a public or non-profit long-term care home in Ontario for 2023 by 20%.
2. Add the amount paid for home energy costs on a reserve in Ontario for 2023.
3. Add the result of Step 1.
4. Subtract \$25.00 if you lived in a student residence.

Your energy component is D or \$277.00, whichever is less.

### Step 3 - Property tax component

1. Multiply the result of Step 1 by 10%.
2. Use A or \$555.00, whichever is less.

Your property tax component is C or the result of Step 1, whichever is less.

### Step 4 - Energy and property tax credit

1. Add the results of Step 2 and Step 3.
2. Subtract \$41,594.00 from your adjusted family net income for 2023 (if negative, the result is zero).
3. Multiply B by 2%.
4. Subtract C from A.

This is your annual energy and property tax credit, unless Step 5 applies.

### Step 5 - Annual Ontario energy and property tax credit

If you will receive or have received a 2024 Ontario senior homeowners' property tax grant (OSHPTG), complete this Step. Otherwise, divide the result of Step 4 by 12 to calculate your monthly OEPTC entitlement.

1. Add the amount of your 2024 OSHPTG to the result of Step 4.
2. Subtract the result of Step 2 from A (if negative, the result is zero).
3. Subtract the result of Step 1 from B (if negative, the result is zero)
4. Subtract C from the result of Step 4.
5. Divide D by 12.

D is your annual OEPTC entitlement.

E is your monthly OEPTC entitlement.

If your annual OEPTC amount plus, if applicable, your annual Ontario sales tax credit and Northern Ontario energy credit is:

• \$2.00 or less, no payment will be issued.
• from \$2.01 to \$10.00, you will receive one payment of \$10.00.
• \$360.00 or less, you will receive it in one payment instead of monthly.

The first monthly 2024 Ontario trillium benefit payment, which includes any OEPTC entitlement, will be issued on July 10, 2024.