TP-1029.8.36.VP-V: Tax credit for interest on a loan granted by a seller-lender and guaranteed by La Financière agricole du Québec

This is a refundable tax credit for interest paid on a loan granted by a seller after December 2, 2014 and guaranteed by La Financière agricole du Québec and can be claimed on the TP-1029.8.36.VP-V: Tax Credit for Interest on a Loan Granted by a Seller-Lender and Guaranteed by La Financière agricole du Québec form.

You can claim this tax credit if you:

  • Operated a business (as a sole-proprietor or as member of a partnership) in Québec during 2024
  • Were granted a loan under an agreement entered into after December 2, 2014, and before January 1, 2020, through the Program for farm financing under the Act respecting La Financière Agricole du Québec
  • Aren’t exempt from income tax
  • Aren’t a Crown corporation or a subsidiary controlled by it and
  • Aren’t a trust of which one of the capital or income beneficiaries is:
    • a tax-exempt person or
    • a Crown corporation or a subsidiary controlled by it

Follow these steps in H&R Block's 2024 tax software:

Before you begin, make sure you tell us you lived in Québec on December 31, 2024.

  1. On the left navigation menu, under the Credits & deductions tab, click Other.
  2. Under the SPECIFIC CREDITS FOR YOUR PROVINCE heading, select Other Québec tax credits, and click Continue.

  3. When you arrive at the page for Other Québec tax credits, enter your information into the tax software.