Solidarity Tax Credit Payment Dates – Amount, Eligibility & How to apply?

The STC is a refundable tax credit for low- and middle-income families in Quebec, Canada. The payment dates for the STC depend on the amount of the credit, which is determined based on your situation as of December 31 of the previous year.

Solidarity Tax Credit Payment Dates

The Solidarity Tax Credit (STC) is a refundable tax credit for low- and middle-income families in Quebec, Canada. The amount of the credit is based on your situation as of December 31 of the previous year, and payments are made via direct deposit into your bank account.

  • January 5, 2024
  • February 5, 2024
  • March 5, 2024
  • April 5, 2024
  • May 3, 2024
  • June 5, 2024

The payment dates for the STC depend on the amount of the credit and are as follows:

  • Lump sum payment: If the credit is $240 or less, it will be paid as a lump sum in July 2023.
  • Quarterly payments: If the credit is more than $241 but less than $799, it will be paid in quarterly instalments in July and October 2023, and January and April 2024.
  • Monthly payments: If the credit is $800 or more, it will be paid monthly.

Solidarity Tax Credit Eligibility 

Eligibility criteria for receiving solidarity tax credit payment:

Age and marital status:

  • You must be 18 years or older on December 31, 2022.
  • If you’re under 18, you’re still eligible if you meet one of these conditions:
    • Have a spouse
    • Have a child living with you
    • A competent authority recognises you as a liberated minor.

Residency:

  • You must have been a resident of Quebec on December 31, 2022.

Citizenship or immigration status:

  • You or your spouse (if applicable) must be one of the following:
    • Canadian citizen
    • Permanent resident or protected person under the Immigration and Refugee Protection Act
    • Temporary resident or holder of a temporary resident permit who has lived in Canada for the last 18 months
  • You must file your 2022 income tax return to claim the credit.
  • Your net income and family income must fall within the eligible range for the credit.
  • You cannot live in a low-rental housing dwelling to be eligible for the housing component of the credit, but you can still receive other components if eligible.

How to apply for Solidarity Tax Credit payment?

There is technically no separate application process for the Solidarity Tax Credit in Quebec. You receive the credit by filing your 2022 income tax return with Revenu Québec. Here’s what you need to do:

File your 2022 Income Tax Return:

  • You can complete your return online through My Account for individuals or submit a paper return.
  • Ensure you complete Schedule D while filing, as it’s specifically designed for claiming the Solidarity Tax Credit.

Meet Eligibility Requirements:

  • Make sure you meet the age, residency, and citizenship criteria as mentioned in my previous responses.

Register for Direct Deposit 

  • Registering for direct deposit ensures you receive the credit payments faster and more securely. You can do it through your Revenue Québec online account or by enclosing a voided cheque with your tax return.

Claim Any Missing Credits:

  • If you haven’t claimed the credit for previous years (up to four years back), you can still do so by filing amended returns for those years along with Schedule D.

Solidarity Tax Credit Payment Dates

How is the Solidarity Tax Credit Calculated?

Calculating the Solidarity Tax Credit in Quebec involves a three-step process: determining your eligibility, calculating the base amount, and applying any reductions based on family income.

Eligibility:

  • You must meet specific criteria like age, residency, and citizenship. 

Base Amount:

  • If you’re eligible, your base amount is determined by three components:
    • Housing component: Based on your net income and residence type (capped at $3,385).
    • QST component: A fixed amount based on your age and marital status (between $700 and $1,200).
    • Component for individuals living in northern villages: An additional amount for residents of designated northern villages.

Family Income Reduction:

  • Your calculated base amount might be reduced based on your family income (combined net income of you and your spouse, if applicable).
  • If your family income falls above a certain threshold, you won’t receive the credit. You can find the income thresholds and reduction calculations on Revenu Québec’s website.
  • Revenu Québec provides an online Solidarity Tax Credit Payments Estimator to help you get an estimate of your credit amount and payment frequency.
  • It’s important to file your 2022 income tax return to claim the credit, even if you estimate you might not be eligible.

Go to NCBLPC Homepage.

Leave a Comment