| Protected B when completed | |||||||||||||||||||||
| Amount from line 58 of the previous page | 59 | ||||||||||||||||||||
| School tax credit for homeowners | |||||||||||||||||||||
| Complete lines 60 to 72 if all of the following conditions are met: | |||||||||||||||||||||
| • | You (or your spouse or common-law partner) were a homeowner | ||||||||||||||||||||
| • | You were 55 years of age or older at the end of the year | ||||||||||||||||||||
| • | Your family income (line 6) is less than $23,750 | ||||||||||||||||||||
| Otherwise, enter "0" on line 72 and continue on line 73. | |||||||||||||||||||||
| Notes: The person who claims the education property tax credit (line 33) must also be the person who claims the school tax credit for homeowners. |
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| If you were a tenant, you may qualify for a credit. For more information, go to canada.ca/mb-tax-info and read "School tax credit for homeowners" under "Form MB479-Manitoba credits". |
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| If the amount on line 6 is $15,000 or less, enter $87.50 on line 66 and continue at line 67. If the amount on line 6 is more than $15,000 but |
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| less than $23,750, continue at line 61. | 60 | ||||||||||||||||||||
| Amount from line 6 | 61 | ||||||||||||||||||||
| Base amount | – | 62 | |||||||||||||||||||
| Line 61 minus line 62 | = | 63 | |||||||||||||||||||
| Applicable percentage | x 1% | 64 | |||||||||||||||||||
| Line 63 multiplied by the percentage from line 64 | = | ► | – | 65 | |||||||||||||||||
| Line 60 minus line 65 | 61200 | = | 66 | ||||||||||||||||||
| Amount from line 24 | 67 | ||||||||||||||||||||
| Amount from line 31 | – | 68 | |||||||||||||||||||
| Line 67 minus line 68 (if negative, enter "0") | = | 69 | |||||||||||||||||||
| Enter your seniors school tax rebate from line 57. | – | 70 | |||||||||||||||||||
| Line 69 minus line 70 (if negative, enter "0") | = | ► | 71 | ||||||||||||||||||
| Enter whichever is less: | |||||||||||||||||||||
| amount from line 66 or line 71. | School tax credit for homeowners | 61240 | + | 72 | |||||||||||||||||
| Line 59 plus line 72 | = | 73 | |||||||||||||||||||
| Enter your personal tax credit from line 19. | + | 74 | |||||||||||||||||||
| Line 73 plus line 74 | = | 75 | |||||||||||||||||||
| Employment and Income Assistance (EIA) and Manitoba Supports for Persons with Disabilities (MSPD) If you (or your spouse or common-law partner) did not receive EIA or MSPD payments from Manitoba in 2024, do not complete line 76. Instead, enter the amount from line 75 on line 77 and continue at line 78. If you (or your spouse or common-law partner) did receive EIA or MSPD payments from Manitoba in 2024, enter the number from box 14 of your (or your spouse's or common-law partner's) Form T5007, Statement of Benefits (even if it is 0.00). If you and your spouse or common-law partner both received EIA or MSPD payments from Manitoba in 2024, enter the number shown in |
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| box 14 of either your T5007 slip or theirs, whichever is less. | 61255 | •76 | |||||||||||||||||||
| If you entered a number on line 76, multiply line 75 by line 76. | |||||||||||||||||||||
| Otherwise, enter the amount from line 75. | = | 77 | |||||||||||||||||||
| 5007-TC E (24) | Page 5 of 6 | ||||||||||||||||||||