Tax Credit
Tax Credit
The Federal Transit Tax Credit came into effect
to help offset your commuting costs.
To claim this credit on your income tax return, keep your monthly passes
throughout the year. Your GO monthly pass will be the receipt for income tax
purposes. We will not issue special receipts or replace lost passes.
Registered PRESTO card holders can download their 2011 usage statement by
logging into their account. Please visit the PRESTO
page for more
information.
Please note that not all transit systems’ passes meet all the conditions
for claiming the credit and both the pass and a separate receipt may be
needed. If you also use a transit system besides GO, please check with that
system.
For more information about the Federal Transit Tax Credit, please
visit the Canada Revenue Agency's website
www.cra-arc.gc.ca.
