T1005 : Manitoba Tuition Fee Income Tax Rebate

What’s in this Article?

 

What is this?

The Manitoba Tuition Fee Income Tax Rebate is a non-refundable tax credit which gives you up to a 60% rebate on all eligible tuition fees, up to a maximum benefit of $25,000. This tax rebate is designed to help recent graduates pay for education while living and working in Manitoba.

The initial claim has to be made no later than 10 years from date you first graduated. Any unused rebate amounts can be carried forward for up to 20 years after your initial claim.

If you live in Manitoba and attend a post-secondary institute, you can claim a 5% tax credit advance on the tuition fee rebate while you are still going to school. The advance is available for tuition and fees paid in relation to a school term that ends after November 2010. There is an annual credit cap of $500 and a lifetime cap of $5,000. Any advance claimed reduces the lifetime maximum you can claim under the Manitoba Tuition Fee Income Tax Rebate.

To calculate the Manitoba Tuition Fee Income Tax Rebate, complete form T1005: Manitoba’s Graduate's Tuition Fee Income Tax Rebate and claim the amount on form MB428 of your income tax return.

 

Am I eligible?

You can claim this rebate if you meet all of the following conditions:

  • You were a resident of Manitoba on December 31;
  • You completed an eligible program of studies and met qualifications for graduation after December 31, 2006; and
  • The tuition fees for the program of study were not claimed in a previous tax year.

Manitoba Government says…

This tuition rebate is claimed on your personal income tax return. Use the form `T1005 - Manitoba's Graduate's Tuition Fee Income Tax Rebate' to calculate the amount to claim on form `MB428 - Manitoba Tax'. The rebate advance is claimed on the form `MB479 - Manitoba Credits.' All forms are located on the Canada Revenue Agency website as follows:

MB428 - Manitoba Tax

MB479 - Manitoba Credits

T1005 - Manitoba's Graduate Tuition Fee Income Tax Rebate

Eligible tuition is tuition that qualifies for the existing non-refundable tuition tax credit under federal rules. All eligible tuition should be reported on form T1005 - Manitoba's Graduate's Tuition Fee Income Tax Rebate. The annual rebate will be the lesser of 1) 10% of the total tuition 2) Manitoba tax payable or 3) $2,500.

 

Where do I claim this?

Important: Before you begin, make sure you tell us that you lived in MANITOBA on December 31st of the 2015 tax year, in H&R Block’s tax software. To do this:

  1. Click the HOME tab.
  2. Click the ABOUT YOU icon, and click the Your residence link. You will find yourself here:

Once you have confirmed your residence location, you can claim the Manitoba Tuition Fee Income Tax Rebate by following these steps:

  1. Click the PREPARE tab.
  2. Click the YOUR YEAR IN REVIEW icon. You will find yourself here:
  3. Click the checkbox labelled I was a student or I wasn't a student, but I have unused tuition amounts or interest.
  4. Scroll to the bottom of the page and click Continue.
  5. Click the STUDENTS icon. You will find yourself here:
  6. Under the CREDIT AMOUNTS heading, select the checkbox labelled Manitoba tuition fee income tax rebate (T1005).
  7. Click Continue.

When you arrive at the page for the Manitoba tuition fee income tax rebate (T1005) form, enter your information into the tax software.

 

Where can I learn more?