TTC Metropasses, Weekly Passes are tax deductible
April 6, 2009
The TTC reminds customers that monthly and weekly transit passes are eligible for a federal income tax credit. The non-refundable tax credit applies to the TTC Metropass, the TTC Weekly Pass and the GTA Weekly Pass. Passes for adults, seniors and students are all eligible for the tax credit.
Each 2008 Metropass claimed is eligible for a 15-per-cent tax credit on your 2008 tax return. Weekly passes are eligible under specific conditions.
Your expired Metropass or Weekly Pass is your receipt. Customers who subscribe to the Metropass Discount Plan are issued an annual receipt by the TTC.
For more details – and to calculate your tax credit – please visit the Canada Revenue Agency website .
View all articles from April
The TTC issues news releases and media advisories to local, national and international news media by email.
The public can also receive news from the TTC. Simply register with My TTC e-Services or update your existing profile and select news releases, as well as media advisories
Like us on
View the TTC YouTube Channel
Connect with us every day to get service advisories and updates.