Who should file a Reverse Tax Credit return?
Employees with an annual income below $25,000 earning below $2083 per month, who worked for at least 4 months and paid less than $500 in income tax within the calendar year for which they are filing.
What is the amount received for a Reverse Tax Credit claim?
The claim amount is $1300.
*A Reverse Tax Credit claim return should be filed within two years in order to be eligible. For example, your 2018 return (what you earned in 2018) should be filed in TAMIS by December 31, 2020.
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