CO-1029.8.36.53-V: Tax credit for income tax paid by an environmental trust
As a resident of Québec, you can claim this refundable tax credit if your income includes amounts that were allocated to you by an environmental trust. This type of trust is maintained for no other reason but to fund the recovery of a site that is used for:
- the operation of a mine
- the removal of clay, peat, sand, shale, or aggregates
- the deposit of waste or
- the operation of a pipeline if the trust was created in 2012 or later
This credit, which can only be claimed for a tax year of the trust that ends in your tax year, can be used to lower your instalment payments of income tax as well as your tax owing on capital.
Where do I claim this?
Follow these steps in H&R Block’s 2024 tax software:
Before you begin, make sure you told us that you lived in Québec on December 31, 2024.
- On the left navigation menu, under the Credits & deductions tab, click Other.
- Under the SPECIFIC CREDITS FOR YOUR PROVINCE heading, select the checkbox labelled Québec tax credits, then click Continue.
- When you arrive at the page for Other Québec tax credits, enter your information in the Tax credit for income tax paid by an environmental trust section.
