No, the Ontario Trillium Benefit is a tax-free payment and is not included in your taxable income. If you owe the CRA unpaid taxes or overpayments from other benefits, your OTB may be used to pay off your debt. If there’s an excess amount after, it will be sent to you.
Why do I owe Ontario Trillium benefit?
What is the Ontario trillium benefit (OTB)? The OTB is the combined payment of the Ontario energy and property tax credit, the Northern Ontario energy credit, and the Ontario sales tax credit. The annual OTB entitlement is usually divided by 12 and the payments are issued on the 10th of each month.
Does everyone get Ontario Trillium benefit?
To qualify, you must be a resident of Ontario on December 31, 2021, and at least one of the following at some time before June 1, 2023: 18 years of age or older. currently or previously married or in a common-law relationship. a parent who lives or previously lived with your child.
Who pays Ontario Trillium Benefit?
the Province of Ontario
Ontario trillium benefit (OTB)
Your 2022 OTB payments, which are based on your 2021 income tax and benefit return, will be issued on the 10th of each month, starting in July 2022 (see note for exceptions). The OTB program is legislated and funded by the Province of Ontario.
Is Ontario Trillium Benefit refundable?
The Ontario Trillium Benefit (OTB) is a refundable tax credit that supports low-income families. It combines the following tax credits into one payment: Northern Ontario Energy Credit. Ontario Energy and Property Tax Credit.
Can you be fined for picking a Trillium?
There is no specific law against picking trilliums in Ontario, but it is against provincial law to “disturb, cut, kill, remove or harm any plant, tree or natural object in a provincial park or conservation area.” Meaning, if you pick a white trillium that’s growing in your backyard, that’s perfectly legal.
How does the Trillium program work?
The deductible is spread over quarters
As each new quarter begins, you will pay for your prescription drugs out-of-pocket until you have paid off your deductible for that quarter. After that, your Trillium Drug Program coverage will begin and will continue until the end of that quarter.
How much does Trillium benefit cover?
It reimburses you for a maximum of $450 of drugs per year. You could be eligible for Trillium but would need to deduct the amount paid by your plan before receiving any benefit.
Is Trillium paid monthly?
If you qualify for Ontario Trillium Benefit and your benefit is over $360, you will receive monthly payments on the 10th of each month. If your Ontario Trillium Benefit for is $360 or less, and you file your tax return by April 30th, you should receive the entire amount as a single payment in July.
What is the income cut off for Trillium Benefit?
To qualify for the maximum amount in 2022, your adjusted family net income for the 2021 tax year has to be $35,000 or less (singles) or $45,000 or less (couples).
Do you have to pay back Canada recovery benefit?
If you received the Canada Recovery Benefit (CRB) in 2021, you may have to repay some or all of the CRB you received. The CRB you are entitled to receive is the amount you actually received in the year (box 202 of all T4A slips) minus any amounts you were not entitled to receive included in your T4A slips.
Is Picking a trillium in Ontario illegal?
Contrary to popular belief, it is not illegal to pick a white trillium in Ontario. It is not advisable to pick the flower though, as it can seriously injure the plant and it can take years to recover from the damage.
Can I plant trillium in my yard?
Trillium can be grown in clay soils, if amended with peat moss and compost. Spacing: Space the small rhizomes (roots) about 6- to 12-inches apart and about 2- to 4-inches deep. Trilliums naturally multiply into clumps with multiple flowers, but this may take 2 to 4 years after planting.
Is there anyone not eligible for the Trillium Drug Program?
Who is Eligible. Ontario residents (individuals or families) with valid Ontario Health Insurance (OHIP) may apply, regardless of their income, if they do not have private insurance or their private insurance does not cover 100% of their prescription drug costs.
What are the Trillium dates for 2022?
Ontario trillium benefit (OTB)
- January 10, 2022.
- February 10, 2022.
- March 10, 2022.
- April 8, 2022.
- May 10, 2022.
- June 10, 2022.
- July 8, 2022.
- August 10, 2022.
Do I have to pay back $2000 CERB?
The CRA collects debts on behalf of Employment and Social Development Canada (ESDC), including CERB overpayments from Service Canada. If you received emergency benefits from Service Canada that you were not entitled to, ESDC will send you a notice of debt. All CERB from Service Canada debts must be repaid to ESDC.
What happens if I can’t pay back CERB 2022?
What will happen if I don’t repay? If you don’t repay, the CRA can put future tax benefits, including tax refunds and credits, towards your debt. They can also escalate the collection process by garnishing your wages or freezing your bank accounts — scary stuff, we know!
How do you know if you have to repay CRB?
If you received the CRB and your net income is more than $38,000 (excluding CRB amounts), you may have to reimburse some or all of the benefit.
Why do I owe money on my tax return Ontario?
If your payroll deductions or instalments were too high, you’ll receive a refund. If they were too low, you’ll have a balance owing. You must pay a balance owing by April 30 to avoid penalties and interest.
Who qualifies for the Trillium drug benefit?
Who is Eligible. Ontario residents (individuals or families) with valid Ontario Health Insurance (OHIP) may apply, regardless of their income, if they do not have private insurance or their private insurance does not cover 100% of their prescription drug costs.
Why do I owe GST HST credit?
If a recalculation shows you have been overpaid the GST/HST credit, the CRA will send you a notice with a remittance voucher attached to inform you of the balance owing. The CRA will keep all future GST/HST credit payments or income tax refunds until your balance is repaid.