TP-1029.9-V: Taxi Drivers and Taxi Owners – Citizens (Québec)
If you’re a taxi driver living in Québec, you can claim a refundable tax credit (up to a maximum of $594) by using the TP-1029.9.V form if:
- you held a taxi driver’s permit but not a taxi owner’s permit at some point during the year or
- you held a taxi driver’s permit and a taxi owner’s permit on December 31st, and for the portion of the year you held a taxi owner’s permit, you paid for less than 90% of the fuel costs for each taxi covered by a permit
If you’re a taxi owner or a member of a partnership that holds a taxi owner's permit in Québec, you can use the TP-1029.9.V form to claim a tax credit as long as you held at least one taxi owner’s permit on December 31st and you paid for 90% or more of the fuel costs for each taxi covered by a permit. The maximum credit you can receive is $594 per permit.
Note: If your taxi owner’s permit was issued in more than one person’s name, you’ll need to choose one person to be the sole permit holder on the TP-1029.9.V to claim the tax credit.
An interposed partnership is a partnership in which all members are individuals and a qualified partnership is one in which all members are corporations. An interposed partnership can be a member of a qualified partnership.
Follow these steps in H&R Block’s 2020 tax software:
Before you begin, make sure you told us that you lived in Québec on December 31, 2020.
- On the PREPARE tab, click the IN THIS SECTION icon.
- Click the Add This Topic button under the option indicating that you had employment expenses or that you had income from self-employment.
- Click the EMPLOYMENT icon. You will find yourself here:
- Under the CREDITS AND REBATES heading, select the checkbox labelled Tax credit for taxi drivers or taxi owners (TP-1029.9-V), then click Continue.
- When you arrive at the page for the Tax credit for taxi drivers or taxi owners, enter your information into the tax software.