City Transit Tax Credit
Unrestricted Transit Passes
Transit users paying the full and complete price of the bus pass (on a monthly basis) should retain their unrestricted monthly passes to be able to use them for the Transit tax credit on their income tax documents.
Restricted Transit Passes
Transit users participating in the restricted (student) pass program (i.e. student pays a one time application fee and then picks up a monthly bus pass at the school for no further payment) are not eligible for the Transit tax credit. This is because the restricted pass does not provide for unlimited travel.
Restricted bus passes do not qualify for the tax credit. Unrestricted, non-subsidized, regularly (full) priced passes do qualify for the credit.
What can I claim? Who can I claim for? According to the Canada Revenue Agency, an individual may legally claim the credit on behalf of their spouse, common-law partner, or their children under the age of 19 years.