Manitoba’s tuition rebate a reason to stay

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Planting roots in Manitoba may have a few more financial advantages than you’d think. Recent post-secondary graduates can get up to 60 per cent of their tuition returned if they stay and work in Manitoba.
The Government of Manitoba’s Tuition Fee Income Tax Rebate is open to graduates with a degree, diploma or certificate from a post-secondary institution, who now work and pay taxes in Manitoba. It doesn’t matter if your post-secondary training took place in Manitoba or elsewhere.
The rebate builds the province’s workforce by attracting and retaining highly skilled and knowledgeable people. In fact, anyone working in Manitoba who graduated on or after Jan.1, 2007 from a post-secondary institution recognized by Canada Revenue Agency (CRA) is eligible to claim the rebate. The tuition rebate can be claimed for a period of as little as six years or as long as 20 years. The program has an annual credit cap of $2,500 and a lifetime cap of $25,000.
The Manitoba Tuition Fee Income Tax Rebate Advance can also help current post-secondary students. The advance offers a refundable five per cent tax credit advance to help stretch the education dollars for students who live in Manitoba while attending a post-secondary institution. The advance has an annual credit cap of $500 and a lifetime cap of $5,000. The amounts claimed as an advance will reduce the Manitoba Tuition Fee Income Tax Rebate earned following a student’s graduation.
The tuition rebate is claimed on your personal income tax return. The T1005 – Manitoba Graduate’s Tuition Fee Income Tax Rebate form is needed to claim this credit and is available on the Canada Revenue Agency website. The form will assist you in calculating the amount which may reduce your Manitoba Tax owing on your MB428 – Manitoba Tax.
Students applying for the advance make their claim on form MB479 – Manitoba Credits.
Applicants are asked to keep copies of their supporting documentation as they may be needed to substantiate their claim. The T2202a slips, a degree, diploma or certificate may be required.
If you need more information, or want to ask about making claims for previous years of study, please call the Manitoba Tax Assistance Office at 204-948-2115 in Winnipeg or toll-free within Manitoba at 1-800-782-0771.
-Government of Manitoba

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