Do you buy your transit passes on a monthly or annual basis? Hold on to your receipts!
When filling out your federal income tax form, you can use these receipts to claim a non-refundable tax credit on the cost of buying monthly transit passes.
Since 2007, the federal government has been offering a non-refundable tax credit on monthly public transit fares.
You do not need to enclose your documents with your tax return, but you must keep your proof of purchase in case the Canada Revenue Agency asks for it. We strongly recommend that you photocopy your receipts, as some vending machines use a heat-sensitive ink that may fade over time, making them illegible.