Tax Tip #1 – Child Fitness Tax Credit in Ontario

In 2010, the Ontario Government introduced a tax credit similar to the Federal  Children’s Fitness Credit for children under the age of 16.   However, Ontario has expanded the range of eligible activities and includes music lessons, language lessons, drama and choir in addition to those eligible for the Federal program.  You can claim up to $500 of eligible expenses,  and would receive a refundable tax credit worth up to $50 per child or $100 for a child under 18 with a disability.
So gather those receipts and don’t forget to claim it on your tax return!

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