Manitoba community enterprise development tax credit
If you're a resident of Manitoba and you invested in eligible community enterprise development projects or in community development investment pools in 2024 (or in the first 60 days of 2025), you might be able to claim the Manitoba community enterprise development tax credit.
You can claim 45% in tax credit on a maximum annual investment of $60,000. The Manitoba government will issue a T2CEDTC (MAN) receipt to you for your investment.
Note: The tax credit rate and the maximum eligible investment for eligible shares issued before June 12, 2014 and after are different. Visit the CRA website for more information on this aspect of the Manitoba community enterprise development tax credit.
If you have unused amounts from previous years, these amounts are non-refundable and can only be used to reduce your Manitoba tax payable for that year. Unused amounts can be carried forward for up to 10 years so that you can claim them on a future return.
Follow these steps in H&R Block's 2024 tax software:
Before you begin, make sure you tell us that you lived in Manitoba on December 31, 2024.
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On the left navigation menu, under the Credits & deductions tab, click Tax Topics.
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Select the Investment income & expenses checkbox.
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At the bottom of the page, click Add selected topics to my return.
- Under the RESOURCE INCOME AND CREDITS heading, select the checkbox labelled Manitoba community enterprise development tax credit (T1256).
- When you arrive at the page for the Manitoba community enterprise development (CED) tax credit, enter your information into the tax software.