Financial Resources for Seniors

Senior Financial Resources

Why is it important to file your taxes?

Even if you have no income, as a senior it is important that you file an annual personal tax return to ensure you are receiving all the benefits that you are eligible to receive.

Learn more about individual tax filing by clicking the button below.

Need Help Filing your Taxes?

Our government offers free online courses to help individuals who may want better preparation in filing their own income tax and benefit return.

Community Volunteer Income Tax program is a great program that connects volunteers with eligible low-income individuals who need help preparing their tax returns.

What benefits might I be eligible for?

• Ontario Trillium Benefit (OTB)
• Ontario Senior Homeowners’ Property Tax Grant
• Seniors’ Home Safety Tax Credit
• Ontario Seniors Care at Home Tax Credit
• Seniors Public Transit Tax Credit
• Low-Income Energy Assistance Program
• Ontario Electricity Support Program

Will the government offer financial assistance if needed?

Our government offers different services to individuals who may need financial assistance.

These services include:

• Ontario Works
  • provides money to help cover the cost of basic needs
• Home and Vehicle Modification Program
  • provides funding for basic home and/or vehicle modifications so that people with mobility restrictions can live safely
• Medical Expense Tax Credit
  • non-refundable tax credit that can be used to reduce the tax that you paid or may have to pay