British Columbia Training Tax Credit (Individuals) |
Protected B when completed 2023 |
||||||||||||||
Complete this form to calculate your British Columbia training tax credit. You can claim this credit if you were a resident of British Columbia on December 31, 2023, and you completed an eligible program administered through SkilledTradesBC or you passed a challenge exam and received a Certificate of Qualification from SkilledTradesBC in the tax year. |
|||||||||||||||
Eligible programs and completion requirements are defined by Regulation. For more information, go to www2.gov.bc.ca/gov/content/taxes/income-taxes/corporate/credits/training or call 1-877-387-3332. |
|||||||||||||||
There are four parts to the training tax credit: | |||||||||||||||
• | Basic tax credit for an eligible recognized program (non-Red Seal only) (read Part 1 below) | ||||||||||||||
• | Completion tax credit for an eligible training program (Red Seal and non-Red Seal) (read Part 2 below) | ||||||||||||||
• | Certification tax credit for an eligible recognized program (non-Red Seal) or an eligible training program (Red Seal and non-Red Seal) (read Part 1 and Part 2 below) |
||||||||||||||
• | Enhanced tax credit for First Nations individuals and persons with disabilities (read Part 3 on the next page) | ||||||||||||||
If you are filing a paper return, attach this form. | |||||||||||||||
Part 1 – Basic and certification tax credits |
|||||||||||||||
(level 1 or 2 of a non-Red Seal program only) | |||||||||||||||
You can claim these credits if, in 2023, you completed the level 1 or level 2 requirements for a non-Red Seal program or you passed a challenge exam and received a Certificate of Qualification for a program where graduating from the program qualifies for level 1 or level 2. You cannot claim these credits for a Red Seal program. |
|||||||||||||||
If you completed level 1 in 2023, enter $1,000. | 1 | ||||||||||||||
If you completed level 2 in 2023, enter $1,000. | + | 2 | |||||||||||||
Line 1 plus line 2 | 63430 | = | 3 | ||||||||||||
Part 2 – Completion and certification tax credits |
|||||||||||||||
(level 3 or 4 of a Red Seal or non-Red Seal program) | |||||||||||||||
You can claim these credits if, in 2023, you completed the level 3 or level 4 requirements for either a Red Seal or non-Red Seal program or you passed a challenge exam and received a Certificate of Qualification for a program where graduating from the program qualifies for level 3 or level 4. |
|||||||||||||||
If you completed level 3 in 2023, enter $2,000. | 63440 | 4 | |||||||||||||
If you completed level 4 in 2023, enter $2,500. | 63450 | + | 5 | ||||||||||||
Line 4 plus line 5 | = | 6 | |||||||||||||
T1014 E (23) | (Ce formulaire est disponible en français.) | Page 1 of 2 |