Are you a resident of British Columbia and currently enrolled in an apprenticeship program? If so, you can take advantage of the British Columbia training tax credit (TTC). This refundable training tax credit is available to apprentices in programs run by the British Columbia Industry Training Authority, as long as you’ve received a Certificate of Qualification for passing their challenge exam, and you were a resident of British Columbia on December 31st.
There are three levels of the TTC:
- The basic credit for the first two levels of non-Red Seal training programs
- The completion credit for level 3 or higher for both Red Seal and non-Red Seal training programs
- The enhanced credit for First Nations individuals, persons with disabilities, or if you received a federal apprenticeship grant this year
For every level you complete, you can claim a certain amount. If you complete more than one level during the year, you can claim the amounts for each of those levels!
Note: Once you complete a level, you’ll have no later than 36 months after the year ends to claim your credit.
Where do I claim this?
Before you begin, make sure that you told us that you lived in British Columbia on December 31, 2016, in H&R Block’s tax software.
- Under the PREPARE tab, click the LET'S TALK ABOUT 2016 icon.
- Select the checkbox labelled I was employed.
- Click the EMPLOYMENT icon. You'll find yourself here:
- Under the CREDITS AND REBATES heading, click the checkbox labelled British Columbia training tax credit for individuals (T1014).
- When you arrive at the page for your British Columbia training tax credit for individuals, enter your information into the tax software.