As a tradesperson in Saskatchewan, you know how much it costs to buy, replace, and upgrade the tools you need for work. With the T1284: Saskatchewan employee tools tax credit, you might be able to claim a non-refundable tax credit which recognizes that and helps you lower your provincial tax payable.
There are two components to the tax credit:
- A one-time trade entry amount to help with the high initial cost of tools (any unused portion can be carried forward for two years)
- An annual maintenance amount to help upkeep the condition of your tools
Note: Clothing or vehicles you’d need a license to drive don’t count as eligible tools for this tax credit!
How much you can claim depends on your trade. There are four main groups of trades that are eligible for this tax credit and they range from hair stylists to mechanics. Refer to the T1284 form to see what trade group you fall under.
Remember to have your employer complete Part 6 of the paper T1284 (you can download a copy here). Keep the completed form on file in case the Canada Revenue Agency (CRA) asks to see it at a later date.
Where do I claim this?
Follow these steps in H&R Block’s tax software to file your 2016 taxes:
Before you begin, make sure that you told us that you lived in SASKATCHEWAN on December 31, 2016.
- Under the PREPARE tab, click the LET'S TALK ABOUT 2016 icon.
- Select the checkbox labelled I was employed and click Continue.
- On the EMPLOYMENT page, under the EXPENSES heading, click the checkbox labelled Saskatchewan employee's tools tax credit (T1284).
- When you arrive at the page for the Saskatchewan employee's tools tax credit, enter your information into the tax software.