Line 47556 – Return of fuel charge proceeds to farmers tax credit

If you are a self-employed farmer or an individual who is a member of a partnership operating a farming business with one or more permanent establishments in Alberta, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, Prince Edward Island or Saskatchewan, you may be eligible to have a portion of fuel charge proceeds returned to you.

Note

This credit is considered assistance and must be included in farming income. For more information, see Form T2043, Return of Fuel Charge Proceeds to Farmers Tax Credit.

Partnerships

If you were a member of a partnership, you can claim the tax credit allocated to you by the partnership.

The amount you can claim is shown in box(es) 237 of your T5013 slip for 2023 if the partnership is required to file a T5013 Partnership Information Return, or in a letter if the partnership is not required to file a T5013 return.

Note

This credit is taxable to you. Include the amount allocated to you by the partnership (box(es) 237 of your T5013 slip or letter) in your farming income (line 14100 of the return).

How to claim this credit

Complete Form T2043, Return of Fuel Charge Proceeds to Farmers Tax Credit.

Forms and publications

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