Tax Credits 2024 Ontario Seniors. Ontario 2025 and 2024 tax rates & tax brackets. Every taxpayer gets a tax credit for the basic personal amount, so any person can earn taxable income of $15,705 in 2024 without paying any federal tax, and can earn anywhere from $8,481 to $21,885, depending on the province or territory.
The ontario seniors care at home tax credit is a refundable personal income tax credit designed to help seniors aged 70 and older with eligible medical expenses, including expenses that support aging at home 1. The ontario trillium benefit combines the following three credits to help pay for energy costs as well as sales and property tax: