Ontario
Benefit Acronyms
Deductions
Registered Plans
Income Slips
100

What are 2 Ontario Provinical Benefits

Ontario Child Tax

GAINS

Ontario Trillium Benefit

Ontario Drug Benefit

100

CCB

Child Tax Benefits

100

Line 21400

Child care expenses

Receipts needed

100

RPP

Registered Pension Plan

100

T4

Employment Income

200

What is the Ontario Eligibke Dependant amount for 2025

10,823

200

OTB

Ontario Trillium Benefit

200

Line 21200

Union Dues

Receipts and letterhead if applicable 

200

HBP

Home Buyers Plan

200

T5

Investment income

Income produced from- Bank interest, GIC, Dividends from stock and foreign income

300

What is the Ontario Health Premium based on

Net Income

300

NOEC

Northern Ontario Energy Credit
300

Line 22000

Support Payments

Court order or agreement needed

300

SPP

Specified Pension PLan

300

T5008

Statement of Securities Transactions-Reported sales or redemption of Stocks, Mutual Funds or Bonds

Used to calculate capital gains and losses

400

A Resident of Ontario generally calculates provincial income tax using which form?

ON428

400

GAINS

Guaranteed Annual Income System

400

Line 20805

FHSA Deduction

T4FHSA box 18

400

PRPP

Pooled Registered Pension Plan

400

T5007

statement of benefit

Social assistance payment and WSIB

500

Which Benefit helps low to moderate income residents of Ontario, using producing a refund on the tax return

Canadian Workers Benefit

500

OSHPTG

Ontario Seniors Homeowner's Property Tax Grant 

500

Line 21900

Moving Expenses

Form T1M, and receipts needed

500

RDSP

Registered Disability Savings Plan

500

T4-RCA

Statement of Distributions from a retirement compensation arrangements 

Reports income from a employer funded RCA security fund or trust