TP-776.1.ND-V: Tax Credit for Recent Graduates Working in Remote Resource Regions

What’s in this article?

 

What is this?

Form TP-776.1.ND-V is used to calculate the non-refundable tax credit for recent graduates working in remote resource regions. If you were employed and resident in such a region during the year, you may be eligible to claim this tax credit.

The amount of tax credit you can claim is 40% of your eligible salary, up to a cumulative limit specified by Revenu Québec. The cumulative limit of the tax credit depends on your situation and once you reach the maximum, you can no longer claim the tax credit.

 

Am I eligible?

Revenu Québec says…

You may claim this credit if:

  • You received eligible salary or wages during the year concerned;
  • You were resident in a remote resource region of Québec on December 31 of the year concerned (if you are completing this form for a person who died during the year, the person must have been resident in a remote resource region of Québec on the date of death);
  • You were in one of the following situations:
    • You began to hold eligible employment at a time in the year concerned that is within the 24-month period following either the date on which you successfully completed training leading to the awarding of a recognized diploma or the date on which you were awarded, by a university, a diploma that is a master’s or doctoral degree, after having written an essay, dissertation or thesis required to earn such a diploma.
    • You were entitled to this credit for a previous year, you held eligible employment in the year concerned and you were resident in a remote resource region of Québec throughout the period running from the end of that previous year to the end of the year concerned.

Eligible employment must be employment duties carried on in the remote resource region for a business that your employer carries on in the region and be related to your field of specialization that led to the awarding of a recognized diploma.

Note: You cannot claim this tax credit for income earned from self-employment.

Click this link for information on regions in Québec that are considered remote resource regions.

 

Where do I claim this?

Follow these steps in H&R Block’s tax software to file your 2015 taxes:

Important: Before you begin, ensure that you told us that you lived in QUÉBEC 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, enter your RL-11 slip by following these steps:

  1. Click the PREPARE icon.
  2. Click the YOUR YEAR IN REVIEW tab. 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 Tax credit for recent graduates working in remote resource regions (TP-T776.1.ND-V).
  7. Scroll to the bottom of the page and click Continue.

When you arrive at the page for the Tax credit for recent graduates working in remote resource regions (TP-T776.1.ND-V), enter your information into the tax software.

 

Where can I learn more?